AV Concept Holdings Limited disclosed a fresh on-market share repurchase of 1.67 million ordinary shares on 15 July 2026, paying an aggregate HK$2.24 million at prices between HK$1.27 and HK$1.35 per share (volume-weighted average: HK$1.3389).

Including this latest transaction, the company has bought back 11.67 million shares between 29 June and 15 July that are earmarked for cancellation but had not yet been removed from the share register as at 15 July. The cumulative cash outlay for these pending cancellations totals approximately HK$13.88 million, implying a blended average cost of about HK$1.19 per share and equating to 1.30% of the current issued share capital.

Despite the repurchases, the official share count remained unchanged at 898.00 million shares because the acquired shares await formal cancellation. Once completed, the outstanding share base would fall to roughly 886.33 million.

The repurchase forms part of the mandate approved on 5 September 2025, which authorises AV Concept to acquire up to 90.87 million shares. To date, 22.33 million shares—about 2.46% of the shares in issue on the mandate date—have been bought back, leaving capacity for a further 68.53 million shares under the current authority.

In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 14 August 2026.