GHG authorizes share buyback program

GreenTree Hospitality Group Ltd. announced a share buyback authorization on August 24, 2026. The company is authorized to repurchase its own shares; no further terms — such as the size or duration of the program — were included in the disclosed facts.

For holders, a buyback authorization means the company may reduce its share count over time by purchasing shares in the open market, though an authorization is not a commitment to buy. Short interest is minimal at 0.27% of the free float, with just 27,140 shares shorted and a cost to borrow of 3.57% — the lending market is loose, so the buyback has little immediate relevance to the short side.