Chervon completes HK$4.21 million on-market buyback; 700,000 shares repurchased since 8 June

Bulletin Express
06/11

Chervon Holdings Limited disclosed a Next Day Disclosure Return dated 11 June 2026, confirming the continuation of its share-repurchase programme on the Hong Kong Stock Exchange.

On 11 June 2026, Chervon repurchased 280,700 ordinary shares on-market at prices between HK$14.80 and HK$15.08, for a total consideration of HK$4.21 million. The shares will be cancelled.

Including transactions executed on 8–10 June, the company has bought back 700,000 shares this week—119,300 shares at HK$15.24, 150,000 shares at HK$15.22, 150,000 shares at HK$15.26 and the latest 280,700 shares at HK$14.98—bringing the aggregate cash outlay for the four sessions to approximately HK$10.60 million. The 700,000 shares represent about 0.14 % of the company’s outstanding 511.05 million shares.

Chervon’s current general mandate, approved on 18 May 2026, authorises the repurchase of up to 51.11 million shares. Cumulative buybacks under this mandate now stand at 7.00 million shares, equivalent to 0.14 % of the issued share capital at the mandate date.

Following the latest transaction, Chervon is restricted from issuing new shares or disposing of treasury shares until 11 July 2026, in accordance with Hong Kong listing rules.

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