China ** newspaper Jiang right.
The head brokerage with a market value of more than 100 billion yuan, Huatai ** is about to cancel the repurchase of 4527850,000 A shares, the company's total share capital will also be reduced by this number. According to the latest share price of 1347 yuan, the corresponding market value is 6100 million yuan.
At present, the latest stock price of Huatai**A shares is 1347 yuan shares, with a total market value of 122.2 billion yuan. Even if you count the 3 dividends since the buyback three years ago, a total of 13 yuan shares, which is also significantly lower than the average price of 18 yuan repurchased$46 shares.
The cancelled repurchased shares were repurchased by Huatai ** three years ago and intended as equity incentive shares**, when 9076 was repurchased650,000 shares, later of which 4,54880,000 shares were given equity incentives, while 4,527 remained850,000 shares have not been used so far, and now they need to be cancelled when they expire.
On the evening of January 9, Huatai ** announced that the company will cancel 45,278,495 A shares deposited in the company's special repurchase ** account on January 10, 2024. After the completion of this cancellation, the total number of shares of the company will be changed from 9,074,663,335 shares to 9,029,384,840 shares.
From April 7, 2020 to January 8, 2021, Huatai ** Company repurchased a total of 90,766,495 A shares of the Company through centralized bidding transactions, accounting for 09999999%。According to the relevant regulations and announcements, the shares repurchased by the company are intended to be used for the restricted equity incentive plan, and if the company fails to implement the above purposes within 36 months after the announcement of the repurchase results and share changes, the unused repurchased shares will be cancelled.
Three years ago, on January 8, 2021, Huatai** completed the repurchase, and the repurchase was the most** RMB 2308 yuan shares, the lowest repurchase price is RMB 1719 yuan shares, the average repurchase price is 1846 yuan shares, with a total amount of RMB 1,675,361,296$88 (excluding transaction fees).
Then, on April 8, 2021, Huatai ** released the grant results of the A-share restricted ** equity incentive plan. The company held a meeting of the board of directors on March 23, 2021, and deliberated and approved the "Proposal on Adjusting the Relevant Matters of the Company's A-share Restricted ** Equity Incentive Plan" and the "Proposal on Granting A-share Restricted ** to Incentive Recipients", and determined that March 29, 2021 will be the grant date to grant 4,564 to 813 eligible incentive recipients00,000,000 A shares are restricted**, granted** at RMB9$10 shares. In the actual subscription process after the grant date of this incentive plan was determined, the number of incentive recipients was reduced from 813 to 810 due to personal reasons, and the actual subscription was 4,548800,000 shares. Subsequently, Huatai** received a total of RMB 413,940,800 from 810 incentive recipients. A shares of restricted shares granted under this incentive plan totaled 4,548800,000 shares, with a record date of April 6, 2021.
For the share cancellation, Huatai ** said that the cancellation will not have a significant impact on the company's financial situation and operating performance, there is no damage to the company's interests and the interests of all shareholders, and will not lead to a change in the control of the company's actual controller. After the completion of this cancellation, the company's equity distribution still meets the listing conditions and will not affect the company's listing status.
Editor: Xiao Mo.
Review: Muyu.