Whirlpool: Wholly-owned subsidiary plans to subscribe to common shares issued by Whirlpool Group; stock resumes trading

2026-02-28 00:08:46

Abstract generation in progress

Gelonghui February 25 | Whirlpool announces that its wholly-owned subsidiary plans to subscribe to common shares issued by Whirlpool Corporation, a New York Stock Exchange-listed company (hereinafter referred to as “Whirlpool Group”). Whirlpool Group plans to disclose information related to this transaction before the market close on February 25, 2026, on the Shanghai Stock Exchange. The company’s first extraordinary board meeting in 2026 has approved the “Proposal on External Investment and Related Party Transactions by Wholly-Owned Subsidiary.” The company’s wholly-owned subsidiary, Guangdong Whirlpool Appliances Co., Ltd., intends to directly or through its wholly-owned subsidiary, to subscribe for 434,782 common shares issued by Whirlpool Group at a price of US$29,999,958. The company’s stock will resume trading on February 26, 2026 (Thursday) after the market opens.

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