China Hongqiao executes HKD 607.79 million share buyback; cumulative repurchases hit 257.45 million shares

Bulletin Express
05/08

China Hongqiao Group Limited disclosed a fresh on-market repurchase of 18.29 million ordinary shares on 7 May 2026. The transaction was executed on the Hong Kong Stock Exchange at prices ranging from HKD 32.84 to HKD 34.22 per share, with a volume-weighted average cost of HKD 33.24, for a total consideration of HKD 607.79 million.

Including this buyback, the company has repurchased 257.45 million shares under the general mandate granted on 7 May 2025, utilising 27.51% of the 935.99 million shares authorised. A 30-day moratorium on new share issues or treasury-share disposals will remain in force until 6 June 2026, in accordance with Hong Kong listing rules.

As at the close of 7 May 2026, China Hongqiao’s issued share capital stood unchanged at 9.91 billion shares. However, 36.24 million shares repurchased on 6 and 7 May 2026—equivalent to 0.36% of the current issued share base—were pending cancellation.

The company confirmed that all repurchases were conducted in compliance with the Hong Kong Stock Exchange’s Main Board Listing Rules, and there have been no material changes to the explanatory statement filed on 11 April 2025.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10