CHINA LIT buys back 400,000 shares for HKD 9.18 million, equal to 0.04% of share capital

Bulletin Express
06/04

China Literature Limited (CHINA LIT) disclosed a share repurchase of 400,000 ordinary shares on 4 June 2026 via the Hong Kong Stock Exchange.

The shares were repurchased within a price range of HKD 22.62 to HKD 23.22, translating into a volume-weighted average cost of HKD 22.95 per share and an aggregate consideration of approximately HKD 9.18 million.

All 400,000 shares are designated for cancellation, representing 0.04% of the company’s 1.02 billion issued shares outstanding before the transaction. As a result, the total issued share count remains unchanged at 1.02 billion until the cancellation is processed.

The buyback was executed under the general mandate approved on 2 June 2026, which authorises CHINA LIT to repurchase up to 102.15 million shares. To date, the company has utilised 0.04% of this limit.

Following the repurchase, a moratorium is in place prohibiting any new share issuance or sale of treasury shares until 4 July 2026, in accordance with Hong Kong Stock Exchange regulations.

The company affirmed that the transaction complied with Main Board Listing Rules and that no material changes have occurred to the explanatory statement filed on 30 April 2026.

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