on June 26, skyline launched a buyback plan with a scale of 1 billion yuan to 1.2 billion yuan. In the-share market, a number of companies have recently announced buyback plans with a scale of more than 100 million.

Trine Solar plans to repurchase shares over 1 billion yuan, and the previous 0.4 billion yuan repurchase has just been completed

on June 26, Trine Solar (688599.SH) deliberated and approved the proposal of repurchasing the company's shares by means of centralized bidding transaction. The company plans to repurchase the company's shares with its own funds of 1 billion yuan to 1.2 billion yuan. It is estimated that the number of shares to be repurchased will be 32.258065 million to 38.709677 million, accounting for 1.48 to 1.78 of the total share capital of the company, and the upper limit of repurchase price is 31 yuan/share.

As of March 31, 2024 (unaudited), Trine Solar's current assets were 82.803 billion yuan, total assets were 132.63 billion yuan, and net assets attributable to shareholders of listed companies were 32.042 billion yuan. According to the repurchase capital ceiling of 1.2 billion yuan, accounting for 1.45, 0.90 and 3.75 of the above financial data, respectively.

As of March 31, 2024 (unaudited), the Company's gearing ratio was 71.73 and monetary capital was $23.776 billion, and the implementation of the share repurchase had little impact on the Company's solvency and other financial indicators.

The company stated that this share repurchase is based on confidence in the company's future development prospects and recognition of the company's intrinsic value, in order to safeguard the company's value and the interests of investors, and enhance investor confidence. The shares repurchased will be used to convert convertible bonds issued by the Company.

in the secondary market, on June 26, the company closed up 5.06, and the stock price was reported to 17.85 yuan/share.

It is worth mentioning that the company has just completed the last round of repurchase.

on May 29, 2023, the board meeting of Trine Solar approved the company's use of its own funds of no less than 0.3 billion yuan (inclusive) and no more than 0.6 billion yuan (inclusive) to repurchase shares. The repurchased shares will be fully used for employee stock ownership plans or equity incentives at an appropriate time in the future. As of the expiration of the repurchase period on May 28, 2024, the Company had repurchased a total of 13.491637 million shares, accounting for 0.62 of the Company's total share capital, with the actual repurchase amount of $0.444 billion.

According to the data, Trine Solar's main business includes photovoltaic products, photovoltaic systems, and smart energy. In 2023, the company's operating income reached 113.392 billion yuan, achieving a net profit of 5.531 billion yuan, an increase of 33.32 and 50.26, respectively.

By the end of 2023, the company's photovoltaic silicon wafer, battery, module capacity of 55GW, 75GW, 95GW, respectively. The company's PV module shipments ranked among the top three in the industry for many years, with shipments of 65.21GW in 2023, up 51.35 percent year-on-year. In 2023, the company distributed profits on the basis of 2.166 billion shares after deducting the shares in the repurchase account, and distributed a cash dividend of 6.33 yuan (including tax) for every 10 shares, and a total cash dividend of 1.371 billion yuan (including tax).

in the first quarter of 2024, trine solar energy achieved operating income of 18.256 billion yuan and realized net profit of 0.516 billion yuan.

A number of A- share companies have thrown out buyback plans, and some have already implemented buybacks

It is found that in the-share market, there are still many companies that have disclosed buybacks recently. In terms of the amount of buybacks, there are many big-money companies with hundreds of millions of yuan, and some companies are also leading enterprises in the industry.

On June 25, Yongtai Energy (600157.SH) reviewed and approved the "Proposal on the Repurchase of the Company's Shares by Centralized Auction Trading". The total amount of funds for the company's share repurchase this time is not less than 0.15 billion yuan and not More than 0.3 billion yuan. According to the maximum repurchase price of 1.89 yuan per share, the number of shares to be repurchased is about 79.3651 million to 0.159 billion shares, accounting for about 0.36 to 0.71 percent of the company's total share capital, and the repurchased shares will be used to implement employee stock ownership plans or equity incentives.

Pu Tailai (603659.SH) disclosed on June 25 that the company intends to repurchase shares through centralized bidding transactions. The total amount of repurchase funds shall not be less than 0.15 billion yuan and not more than 0.3 billion yuan, and the repurchase price shall not exceed 24 yuan/share. The repurchase of shares is to safeguard the value of the company and shareholders' rights and interests, the repurchased shares will be sold within three years, overdue sale will be canceled in accordance with the law. As of the close of trading on June 24, 2024, the stock price of Yan Tailai was 14.23 yuan per share.

linggang shares (600231.SH), great wisdom (601519.SH), jingji zhinong (000048.SZ) and other companies have also thrown out repurchase plans, with the lower limit of repurchase amount not less than 0.1 billion yuan.

In addition, the board meeting of Shanying International (600567.SH) on June 23 reviewed and approved the "Proposal on the Repurchase of Shares by Centralized Auction Trading", agreeing that the company will use its own funds to repurchase the company's shares, and the repurchase funds The total amount is not less than 0.35 billion yuan and not more than 0.7 billion yuan, and the repurchase price does not exceed 1.70 yuan per share, the repurchase period shall not exceed 6 months from the date of consideration and approval of the share repurchase plan by the Board of Directors of the Company.

On June 25, Eagle International implemented its first repurchase. The number of shares repurchased for the first time was 32.2962 million shares, accounting for 0.72 of the total share capital of the company. The highest transaction price was 1.48 yuan/share, the lowest transaction price was 1.36 yuan/share, and the total amount of funds paid was 46.2114 million yuan.

Leo shares (002131.SZ) deliberated and passed the share repurchase proposal on June 21. The company's repurchase price shall not exceed 2 yuan/share, and the total repurchase amount shall not be less than 0.4 billion yuan and not more than 0.6 billion yuan. The repurchase of shares is used to safeguard the value of the company and shareholders' equity.

On June 25, Leo shares disclosed the first share repurchase announcement. The company repurchased 10 million shares for the first time, accounting for 0.15 of the company's current total share capital. The highest transaction price was 1.47 yuan per share and the lowest transaction price was 1.45 yuan. Yuan/share, the total transaction amount is 14.6148 million yuan.

Samsung Medical (601567.SH) deliberated and passed a proposal to repurchase the company's shares with its own funds in December 2023. The total amount of repurchase funds shall not be less than 0.15 billion yuan and not more than 0.3 billion yuan, and the repurchase price shall not exceed 21 yuan/share. The repurchased shares will be used to implement employee stock ownership plan or equity incentive.

On June 24, Samsung Medical has completed the aforementioned repurchase plan and actually repurchased 13.5593 million shares of the company. The repurchased shares account for 0.96 of the company's current total share capital. The highest repurchase transaction price is 21 yuan/share. The lowest price is 19.30 yuan/share, and the total amount of funds paid is 0.279 billion yuan.

Enjet (002812.SZ) is a leading enterprise in the lithium battery diaphragm industry. In February 2024, after deliberation by the board of directors of Enjie shares, the company used its own funds to repurchase part of the company's public shares in a centralized bidding transaction for cancellation and reduction of the company's registered capital. The total amount of repurchase funds shall not be less than 0.1 billion yuan and not more than 0.2 billion yuan, and the repurchase price shall not exceed 77.11 yuan/share (inclusive).

On June 25, Enjie shares disclosed the progress of share repurchase. As of the announcement date, it has repurchased 3.2149 million shares of the company, accounting for 0.3288 of the company's total share capital. The highest transaction price is 42.76 yuan/share, the lowest transaction price is 32.52 yuan/share, and the transaction amount is 0.12 billion yuan.

Fosun Pharmaceutical (600196.SH) reviewed and approved the share repurchase plan on March 26. The total amount of repurchase funds is not less than 0.1 billion yuan and not more than 0.2 billion yuan, and the repurchase price does not exceed 30 yuan per share. On June 25, Fosun Pharmaceutical implemented a repurchase for the first time, repurchasing a total of 1.1608 million shares, accounting for about 0.0434 of the company's total shares. The total repurchase amount was 25.7226 million yuan, and the average repurchase price on that day was 22.16 yuan per share.