LB Group Co., Ltd. (SZSE:002601) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 24.82 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be valid for 12 months.

On June 10, 2025, the company announced that it has adjusted it share repurchase price to CNY 24.32 per share. The share repurchase price adjustment is effective from June 11, 2025.