On October 21, Contemporary Amperex Technology Co. Limited (CATL) made an announcement on the Hong Kong Stock Exchange, revealing that it had repurchased 3.4886 million A-shares on the very same day. The average repurchase price stood at 229.32 yuan per share, bringing the total cost to approximately 800 million yuan. Previously, CATL had outlined a share repurchase plan, aiming to buy back shares valued between 20 billion and 40 billion yuan, with the intention of canceling them and reducing its capital. By the announcement date, the company had already accumulated a total repurchase volume of 16.2298 million shares, incurring a cost of 4.607 billion yuan.
