China Literature announces HK$3.42 million buyback, lifting cumulative 2026 repurchases to 10.17 million shares

Bulletin Express
07/08

China Literature Limited reported to the Hong Kong Stock Exchange that on 8 July 2026 it repurchased 167,600 ordinary shares on-market at prices between HK$20.18 and HK$20.50, spending HK$3.42 million. The volume-weighted average price for the day was approximately HK$20.38 per share.

The transaction forms part of the repurchase mandate approved on 2 June 2026, which authorises the company to buy back up to 102.15 million shares. Since the mandate became effective, China Literature has repurchased 10.17 million shares—equal to 0.9954 % of the issued share capital as of the mandate date—for cancellation. All repurchased shares are pending cancellation; none are being held as treasury stock.

Before the latest repurchase, the company’s issued share capital comprised 1.02 billion ordinary shares. After taking into account the shares bought back but not yet cancelled, the fully diluted share count would fall to roughly 1.01 billion once cancellation is completed.

Under Listing Rule 10.06, China Literature is restricted from issuing new shares until 7 August 2026.

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