AV Concept Cuts Outstanding Shares by 0.23% After HK$2.58 Million Buyback

Bulletin Express
08/20

AV Concept Holdings Limited executed an on-market repurchase of 2.00 million ordinary shares on 20 August 2026, paying between HK$1.24 and HK$1.30 per share. The transaction totalled HK$2.58 million, based on the volume-weighted average price of HK$1.29 per share disclosed in the filing.

The buyback reduced the company’s issued share capital (excluding treasury shares) from 869.00 million to 867.00 million shares, a decrease of 0.23%. The repurchased shares were transferred to treasury, lifting the treasury-share balance from 6.00 million to 8.00 million, while the aggregate number of issued shares remained unchanged at 875.00 million.

Under the repurchase mandate approved on 5 September 2025, AV Concept is authorised to repurchase up to 90.87 million shares. Including the latest transaction, the company has repurchased 41.66 million shares to date, representing 4.59% of the share count outstanding on the mandate’s adoption date. A 30-day moratorium on new share issues or treasury-share sales is in place until 19 September 2026, as required by Hong Kong listing rules.

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