Kingdee International Buys Back Additional 1.00 Million Shares; Pending Cancellations Rise to 17.50 Million

Bulletin Express
04/24

Kingdee International Software Group Company Limited (Kingdee) disclosed on 24 April 2026 that it repurchased 1.00 million ordinary shares on the Hong Kong Stock Exchange at HKD 8.35–8.37 per share, spending HKD 8.36 million. All shares will be cancelled.

Including this latest transaction, Kingdee has bought back 17.50 million shares for cancellation since 4 February 2026. The cumulative repurchases represent approximately 0.49% of the company’s 3.55 billion issued shares prior to the start of the programme. Total consideration for the 13 buyback tranches amounts to about HKD 154.64 million, implying an average purchase price of roughly HKD 8.84 per share.

Upon cancellation of the repurchased shares, Kingdee’s issued share capital will contract from 3.55 billion to 3.53 billion shares, tightening the share base by 0.49%.

The buybacks form part of a mandate approved on 22 May 2025 that authorises the company to repurchase up to 354.95 million shares. To date, 17.50 million shares have been utilised under this mandate. In line with Hong Kong Stock Exchange rules, Kingdee is subject to a moratorium on issuing new shares or disposing of treasury shares until 24 May 2026.

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