PharmaResources (Shanghai) Co., Ltd. (SZSE:301230) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 45 per share. The repurchased shares will be used for Employees? shareholding plan or equity incentive plan. The program will be valid for 12 months.

On June 14, 2024, the company adjusted its upper limit on shares repurchase price after the implementation of equity distribution. The company has adjusted repurchase price to CNY 34.44 per share.