Yongda Auto buys back 0.04% of share capital on 6 May; 5.24 million shares now awaiting cancellation

Bulletin Express
05/06

China Yongda Automobiles Services Holdings Ltd. (Yongda Auto) disclosed that it repurchased 800,000 ordinary shares on 6 May 2026 via the Hong Kong Stock Exchange at prices between HKD 1.01 and HKD 1.03, for a total consideration of HKD 0.82 million.

Including this latest transaction, the company has bought back 5.24 million shares between 8 April and 6 May that are earmarked for cancellation. The cumulative outlay for these repurchases amounts to approximately HKD 5.90 million, implying a volume-weighted average cost of about HKD 1.13 per share. The shares involved represent roughly 0.29% of Yongda Auto’s existing issued share capital of 1.84 billion shares.

Under the repurchase mandate approved on 30 May 2025, the company is authorised to repurchase up to 187.62 million shares. To date, 29.06 million shares have been repurchased under this mandate, equivalent to 1.55% of the issued share count at the time of approval, leaving substantial headroom for further buybacks.

As of 6 May 2026, Yongda Auto’s total number of issued shares remains unchanged at 1.84 billion, with cancellation of the recently repurchased shares pending. A moratorium on issuing new shares or selling treasury shares is in effect until 5 June 2026, in line with Hong Kong listing regulations.

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