Walvax Biotechnology Co., Ltd. (SZSE:300142) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, for CNY 200 million worth of its shares. The shares will be repurchased at a price of not more than CNY 50 per Share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid till 12 months.

On May 19, 2023, the company announced that it adjusted the upper limit of the share repurchase price to not more than CNY 49.99 per share.