Geely Automobile (00175) Announces Share Repurchase and Updated Share Capital

Bulletin Express
02/27

On 27 February 2026, Geely Automobile Holdings Limited (00175) disclosed a repurchase of 3.67 million ordinary shares, representing 0.03398% of its previously issued 10.81 billion shares (excluding treasury shares). The repurchased shares were acquired at an average price of HKD 16.181 per share and will be held as treasury shares. Following this transaction, the company held 27.13 million treasury shares, while its total share count remained at 10.83 billion.

The repurchase took place on the Hong Kong Stock Exchange at prices ranging from HKD 16.1 to HKD 16.3 per share, for a total consideration of HKD 59.43 million. According to the repurchase mandate dated 30 May 2025, a total of 1.01 billion shares are authorized for repurchase. As of the disclosure date, 94.56 million shares had been repurchased under this mandate, amounting to 0.93773% of the company’s issued shares (excluding treasury shares) at the time the resolution was passed.

The closing balance as of 27 February 2026 showed 10.80 billion shares in issue (excluding treasury shares). A moratorium period on further new share issuances or the sale of treasury shares is in place until 29 March 2026, as stipulated by relevant regulatory guidelines.

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