July 6 (NBD) -- A total of 270 Shenzhen-listed companies have repurchased shares worth 4.1 billion yuan (618.1 million U.S. dollars) year to date, China's Shenzhen Stock Exchange (SZSE) disclosed on its website. Moreover, as of July 5 of 2018, an aggregate of 274 Shenzhen-listed companies carried out shareholding increase plans by the companies' major shareholders, Board members, Board supervisors and senior executives, involving 44.8 billion yuan (6.8 billion U.S. dollars) in total.

Share repurchase and shareholding increase display the listed companies and big shareholders' confidence in the companies' operation, profitability and development potential, which helps reassure investors and stabilize market expectations, the news spokesperson for SZSE said Thursday.

The spokesperson also expressed SZSE's support for such behaviors by qualified listed companies and their major shareholders, Board members, Board supervisors and senior executives in accordance with laws and regulations so as to enhance market confidence and protect investors' legitimate interest.


Email: gaohan@nbd.com.cn

Editor: Gao Han