Guangzhou Xiao Noodles Catering Management Co., Ltd. (H-share abbreviation: Xiao Noodles) filed a Next Day Disclosure Return on 28 May 2026, detailing continued progress under its share-repurchase mandate approved on 26 January 2026.
• Latest transaction: On 28 May 2026, the company repurchased 353,000 H-shares on the Hong Kong Stock Exchange at prices ranging between HKD 4.00 and HKD 4.15, for a total consideration of HKD 1.44 million. The volume-weighted average price was approximately HKD 4.08 per share. All shares were designated for cancellation.
• Cumulative buybacks: Since the mandate became effective, the company has bought back 10.42 million shares, representing 1.47% of the issued share capital on the mandate date.
• Mandate capacity: The Board is authorised to repurchase up to 71.07 million shares. Following the transactions reported, 60.65 million shares remain available under the mandate.
• Share capital position: – Opening and closing issued share count (excluding treasury shares) remained unchanged at 710.69 million as of 28 May 2026. – All 10.42 million repurchased shares are pending cancellation and therefore still form part of the issued share number reported.
• Financial impact: The aggregate cash outflow for the latest repurchase was HKD 1.44 million. Aggregate consideration for the total 10.42 million shares repurchased to date was not disclosed in full, but individual transactions ranged from HKD 4.14 to HKD 5.96 per share.
• Moratorium period: Under Hong Kong Listing Rule 10.06(3)(a), Xiao Noodles is restricted from issuing new shares until 27 June 2026.
The company confirmed that all repurchases have complied with Hong Kong Listing Rules and applicable regulations, and that there have been no material changes to the explanatory statement filed with the Exchange.