Midea Group Completes RMB100 Million A-Share Buyback; Minor Share Option Exercises Trim Outstanding Shares

Bulletin Express
06/02

Midea Group Co., Ltd. (Midea Group) reported several capital-stock movements on 2 June 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

Share Repurchase • On 2 June 2026 the company repurchased 1.22 million A-shares on the Shenzhen Stock Exchange for treasury purposes. • Purchase prices ranged from RMB 81.24 to RMB 82.74 per share, with a volume-weighted average of RMB 82.26. • Total consideration paid amounted to RMB 100.02 million. • The shares remain in treasury; none have been cancelled.

Option Exercises • Employees (excluding directors) exercised 140,156 options under the Eighth Stock Option Incentive Plan at RMB 70.29 per share. • A further 64,140 options were exercised under the Ninth Stock Option Incentive Plan at RMB 45.16 per share.

Impact on Share Capital • Opening balance (1 June 2026): 6.84 billion issued shares (excluding treasury) and 124.62 million treasury shares. • Net effect of the day’s transactions: issued shares decreased by 1.02 million, reflecting the larger repurchase offset by new-share issuance for option exercises. • Closing balance (2 June 2026): 6.84 billion issued shares (excluding 125.84 million treasury shares) and 6.96 billion total shares outstanding.

Governance and Compliance The board confirmed that all transactions were duly authorised and executed in accordance with applicable laws, listing regulations and exchange requirements. Fang Hongbo, Chairman, Executive Director and Chief Executive Officer, signed the submission.

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