Midea Group Completes RMB117.40 Million A-Share Buyback, Outstanding Shares Dip 0.02%

Bulletin Express
07/07

Midea Group Co., Ltd. (Midea Group) disclosed a Next Day Return to the Hong Kong Stock Exchange detailing a repurchase of 1.48 million A-shares on 7 July 2026 via the Shenzhen Stock Exchange.

The company acquired the shares at prices ranging between RMB 78.65 and RMB 80.29 per share, with a volume-weighted average cost of RMB 79.11. Total consideration for the transaction amounted to approximately RMB 117.40 million (about 0.12 billion).

Key share capital movements:

• Prior to the transaction, Midea Group had 6.81 billion issued shares (excluding treasury shares) and 154.82 million treasury shares, for a total of 6.96 billion issued shares.

• The 1.48 million-share buyback represents 0.0218% of the company’s outstanding share count.

• Post-repurchase, outstanding shares decreased to 6.81 billion, while treasury shares rose to 156.30 million. Total issued shares remained unchanged at 6.96 billion, as the repurchased shares are being held in treasury for future capital reduction.

The buyback was executed under board authorization and in compliance with Shenzhen Stock Exchange regulations, as confirmed by Chairman and CEO Fang Hongbo in the filing.

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