CIMC Enric Holdings Limited (3899) reported that its shareholders approved a general mandate on 20 May 2025 to repurchase up to 10% of the total number of issued shares (excluding treasury shares), equivalent to 202,827,758 shares.

On 14 November 2025, the board decided to exercise this mandate to repurchase up to 1.5% of the issued shares (excluding treasury shares), amounting to a maximum of approximately 30,438,213 shares, in the open market. The total repurchase expenditure is set not to exceed HKD200,000,000.

The actual share buyback will depend on market conditions and at the discretion of the board and its authorized persons. The announcement highlights that there is no guarantee on the timing, price, or quantity of the shares to be repurchased. Interested parties are advised to remain attentive to any future updates.