Zhejiang Giuseppe Garment Co., Ltd (SZSE:002687) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its shares. The shares will be repurchased at a price not more than CNY 5.5 per share. The shares repurchased will be used for employee stock ownership plans or equity incentive plans. The source of funds for share repurchase is the company's own funds. The program will be valid for 12 months. As of December 31, 2023, the company had 499,952,036 shares outstanding.

On April 24, 2024, the company announced that it has adjusted its share repurchase price to CNY 5.25 per share.