Tranche Update on SDIC Capital Co.,Ltd's Equity Buyback Plan announced on October 28, 2023.
April 03, 2024
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From January 1, 2024 to March 31, 2024, the company has repurchased 13,164,800 shares, representing 0.21% for CNY 84.8 million. With this, the company has completed the repurchase of 18,309,988 shares, representing 0.29% for CNY 119.87 million under the buyback announced on October 28, 2023.
SDIC Capital Co., Ltd, formerly SDIC Essence (Holdings) Co., Ltd, is a China-based company principally engaged in the securities business. The Company operates through five segments. The Brokerage segment manily includes brokerage business of securities and futures and the agent sales of financial products. Entrusted Asset Management segment mainly includes the pooled asset management, directional asset management and specific asset management. Proprietary Business segment mainly invests the Companyâs funds in equity securities, fixed income securities and derivatives and is involved in the market making business in the new over-the-counter (OTC) market. Investment Banking segment includes stock financing, bond financing, mergers and acquisitions and financial advisory services. Margin Trading segment includes margin trading, stock pledged repo and agreed-to-repurchase securities.