Ping An Insurance (Group) Company of China, Ltd. (SEHK:2318) announces a share repurchase program. Under the program, the company will repurchase up to CNY 10,000 million worth of its shares. The shares will be repurchased at a price not more than CNY 82.56 per share. The repurchases will be funded from the internal financial resources of the company. The shares repurchased will be used for the Company's employee stock ownership plan, including but not limited to the long-term service plan which has been considered. The program will be valid for 12 months.

On June 10, 2022, the company announced that it has adjusted its repurchase price to CNY 80.20 per share.