Since the beginning of this year, the number of repurchase of A -share listed companies has increased significantly

Since the beginning of this year, the number of repurchase of listed companies has increased significantly, which not only tests the strength of the capital, but also conveys the confidence of listed companies in economic development.

According to the statistics of the Listed Companies Association, as of now, more than 586 companies in the A -share market have released the repurchase share plan, and the upper limit of the proposed repurchase amount is 97.878 billion yuan. From the perspective of industry distribution, it is mainly concentrated in the three industries of pharmaceutical biology, electronics and computers, with a total number of nearly 300. In addition, since this year, a total of 432 companies in the A -share market have released stock holdings increase plans. The estimated amount of use is expected to exceed 48 billion yuan, of which nearly half of the increase plan has been completed, and 159 companies have promised not to reduce their holdings. In addition to personal asset planning, the majority of listed companies' holdings are based on their confidence in the future development of the company.

Cheng Fengchao, a member of the Academic Consultant Committee of the China Listed Companies Association: Increasing its holdings refers to the shareholders and management of their own companies' stocks. Unlike repurchase, this is personal behavior, but they all convey confidence in the company's future development. On the other hand, increasing holdings is equivalent to binding their own interests with the interests of investors more closely together, which is also a positive signal.

(Source: CCTV News Client)

【Edit: Shang Pei】

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