iMotion Automotive Technology (Suzhou) Co., Ltd. (IMOTIONTECH, HKEX:01274) filed its Monthly Return for May 2026, detailing continued execution of its share-buyback mandate.
Key Takeaways
• Share buy-backs: IMOTIONTECH reacquired 2.70 million H shares on the open market between 6 and 29 May 2026, all of which were retained as treasury shares. • Consideration: Based on disclosed transaction prices ranging from HK$3.56 to HK$4.82, the aggregate outlay is calculated at roughly HK$11.34 million, implying an average repurchase price of about HK$4.20 per share. • Capital base unchanged: Authorised and registered share capital remained at 257.44 million shares with a par value of RMB1 each. • Issued vs. treasury shares: – Issued shares (excluding treasury) fell 1.05 % month-on-month to 253.37 million. – Treasury shares expanded from 1.38 million to 4.08 million, equating to 1.59 % of total issued shares at month-end. • Public float: The company confirmed that the free-float ratio continued to meet the 25 % minimum required by the Hong Kong Listing Rules.
Transaction Breakdown
Seventeen separate buy-back transactions were executed during the month, with the single-day volume peaking at 400,000 shares on 26 May 2026 at HK$4.78 each.
Implications for Share Structure
After the May activity, IMOTIONTECH’s total issued share count remains 257.44 million, but the proportion held in treasury rose by 1.06 percentage points. These treasury shares do not carry voting or dividend rights while held by the company, effectively reducing shares outstanding for earnings-per-share calculations until they are either cancelled or reissued.
No new options, warrants, convertibles or other equity instruments were issued during the period.