Full Truck Alliance repurchased a total of 60,728,727 ordinary shares from certain executive officers in privately negotiated transactions on May 19, 2025. The aggregate consideration for these repurchases amounted to US$37,499,988.92.
The repurchase price was set at US$0.6175 per ordinary share, calculated based on the closing price of the company's ADSs on May 16, 2025. These repurchased shares correspond to a portion of vested share-based awards previously granted to the executive officers.
The company intends to cancel all of the repurchased shares in accordance with applicable rules and regulations. This action was funded from Full Truck Alliance's existing cash reserves and was not part of its existing share repurchase program.
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