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wind data shows that as of 15:00 on september 22, excluding the impact of targeted repurchases, a total of 1,398 a-share listed companies have announced repurchase plans, compared with only 435 in the same period last year.the number of listed companies that have announced repurchase plans this year has hit a record high for the same period.

among the 1,398 listed companies that have announced repurchase plans, 661 are currently implementing them, 581 have been completed, 33 have been approved by shareholders' meetings, and the rest are in the board of directors' preliminary planning stage.

in terms of the planned repurchase amount, 625 listed companies plan to repurchase more than 100 million yuan, 63 companies plan to repurchase more than 500 million yuan, and 27 companies plan to repurchase more than 1 billion yuan.

it is worth mentioning that in the repurchase activities since this year, many "moutai index" constituent stocks have actively participated.

kweichow moutai announced on the evening of september 20 that it plans to repurchase shares at a price of 3 billion to 6 billion yuan to cancel and reduce the company's registered capital, with the repurchase price not exceeding 1,795.78 yuan per share (inclusive). this repurchase plan is also the first repurchase by kweichow moutai since its listing.

in addition to kweichow moutai, many companies such as tongwei co., ltd., yili co., ltd., sinopec, and hengrui medicine have announced large repurchase plans, with an overall high repurchase amount. among them, many "moutai index" component stocks are repurchased for cancellation. for example, the repurchase plan released by "milk moutai" yili co., ltd. shows that the company intends to use no less than 1 billion yuan (inclusive) and no more than 2 billion yuan (inclusive) of its own funds to repurchase the company's shares through centralized bidding transactions, and the repurchase price shall not exceed 41.88 yuan per share (inclusive). the repurchase period shall not exceed 12 months from the date on which the company's shareholders' meeting deliberates and approves the repurchase plan. the repurchased shares will be used to cancel and reduce the registered capital in accordance with the law.

in addition, many major shareholders of listed companies have recently increased their shareholdings. some companies plan to increase their holdings by more than 100 million yuan. for example, china communications construction design plans to increase its holdings of the company's shares within 6 months from september 10, 2024 with its own funds through the methods permitted by the shanghai stock exchange trading system. the planned increase amount is not less than 100 million yuan and not more than 200 million yuan; the planned price range for the increase is no more than 10.5 yuan per share.

industry insiders believe that the intensive announcement of repurchase and major shareholder share purchase plans by listed companies will help boost market confidence and send positive signals.