Xiao Noodles executes fresh buyback of 129,000 H-shares; cumulative repurchases hit 8.78 million shares, 1.24% of share base

Bulletin Express
05/20

Guangzhou Xiao Noodles Catering Management Co., Ltd. (H-share, “Xiao Noodles”) disclosed that on 20 May 2026 it repurchased 129,000 H-shares on the Hong Kong Stock Exchange at HK$4.15–4.20 per share, spending HK$0.54 million. All repurchased shares are designated for cancellation and none will be held as treasury stock. A 30-day moratorium on new share issues or treasury-share sales runs through 19 June 2026.

Including the latest transaction, Xiao Noodles has bought back 8.78 million shares since 3 February 2026 under the mandate approved on 26 January 2026. The cumulative buybacks represent 1.24% of the 710.69 million issued H-shares outstanding on the mandate date. Based on disclosed consideration for each trading day, total cash outlay amounts to approximately HK$41.59 million, implying a volume-weighted average repurchase price of about HK$4.74 per share. The highest daily average price paid during the period was HK$5.96 on 13 February 2026, while the lowest was HK$4.11 on 8 May 2026.

The current issued share capital remains unchanged at 710.69 million shares because the repurchased shares have not yet been cancelled. The company is authorised to repurchase up to 71.07 million shares; after the 8.78 million shares already acquired, roughly 62.28 million shares—equivalent to 8.76% of issued capital—remain available under the mandate.

All repurchases were executed on the Hong Kong Stock Exchange and, according to the company’s confirmation, complied with the Listing Rules and relevant regulatory requirements.

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