AV Concept repurchases 3.57 million shares; cumulative buybacks reach 14.24 million under current mandate

Bulletin Express
06/29

AV Concept Holdings Limited disclosed a share repurchase on 29 June 2026, acquiring 3.57 million ordinary shares on the Hong Kong Stock Exchange. The purchase price ranged between HKD 0.88 and HKD 0.91 per share, with a volume-weighted average cost of HKD 0.8974 per share, bringing total cash outlay to approximately HKD 3.21 million.

The shares bought represent 0.40% of AV Concept’s 898.00 million issued shares (excluding treasury shares) as at 29 May 2026. As the repurchased shares have not yet been cancelled, the issued share count remains unchanged at 898.00 million; cancellation would trim the figure to roughly 894.43 million.

Since receiving its latest buyback mandate on 5 September 2025, the company has repurchased 14.24 million shares—about 1.57% of the shares outstanding on the mandate date—against an authorised limit of 90.87 million shares. Following the 29 June transactions, AV Concept is restricted from issuing new shares or transferring treasury shares until 29 July 2026, in line with Hong Kong listing regulations.

No other changes in issued or treasury shares were reported in the filing.

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