Last year, there was a significant increase in the enthusiasm of listed companies to repurchase and major shareholders to increase their holdings

On January 7th, according to authoritative data statistics, in 2024, a total of 1300 listed companies in the Shanghai and Shenzhen stock markets disclosed 1469 new repurchase plans, with a maximum repurchase amount of 212.3 billion yuan. The quantity and amount were 2.1 times and 1.5 times higher than in 2023, respectively, setting a new historical high. In 2024, 742 companies disclosed plans for major shareholders to increase their holdings, with a total upper limit of 85.2 billion yuan, which is twice the quantity and 1.7 times the amount in 2023. From the perspective of the whole year, there are three positive trends in repurchase and increase in holdings, namely doubling the amount of write off style repurchases; The special tool for repurchasing, increasing holdings, and refinancing has a significant effect on leveraging repurchases and increasing holdings; The proportion of loan repurchases and increased holdings by large cap companies is high.

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