China Lit repurchases 600,000 shares on 16 June; cumulative June buybacks reach 3.30 million

Bulletin Express
06/16

China Literature Limited (China Lit) disclosed that on 16 June 2026 it bought back 600,000 ordinary shares on the Hong Kong Stock Exchange at prices between HK$20.62 and HK$21.04 per share, spending HK$12.54 million. The repurchased shares are intended for cancellation and have not yet been removed from the share register.

Including earlier transactions dated 4–15 June, the company has acquired 3.30 million shares this month at volume-weighted average prices ranging from HK$20.90 to HK$23.62 per share. Based on the reported per-share prices, the aggregate cash outlay for the nine trading sessions amounts to approximately HK$74.29 million.

The current repurchase programme is conducted under the mandate approved on 2 June 2026, which authorises China Lit to buy back up to 102.15 million shares. The 3.30 million shares already repurchased equate to 0.3231 % of the company’s issued share capital on the mandate date and utilise about 3.23 % of the authorised limit.

As of the close on 16 June 2026, China Lit’s issued share capital remains unchanged at 1.02 billion shares because the repurchased stock has not yet been cancelled. In line with Hong Kong Listing Rules, the company is subject to a moratorium on new share issues or transfers of treasury shares until 16 July 2026.

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