China Eastern Airlines: Speed up the implementation of stock repurchase plan
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China Eastern Airlines Group completed the stock increase project of China Eastern Airlines (China Eastern Airlines Co., Ltd.) in September last year, with a total increase of 978 million yuan.
Based on the completion of the stock increase project, China Eastern Airlines began to implement a stock repurchase plan with a total limit of 1 billion yuan for A+H shares from December last year. So far, a total of 335 million yuan has been repurchased. Based on the firm confidence in the long-term improvement of my country's economy and the development prospects of China's capital market, China Eastern Airlines will speed up the implementation of the stock repurchase plan to effectively safeguard the interests of the majority of investors, enhance investor confidence, and stabilize and enhance the company's value.