YONGDA AUTO executes further HKD0.68 million buyback; 17.57 million shares now pending cancellation

Bulletin Express
Apr 09

China Yongda Automobiles Services Holdings Limited (“YONGDA AUTO”) reported an on-market repurchase of 550,000 ordinary shares on 9 April 2026 at prices ranging from HKD1.22 to HKD1.26, for a total outlay of HKD0.68 million. The average purchase price was approximately HKD1.24 per share. The repurchased shares are earmarked for cancellation.

The transaction equals 0.03% of YONGDA AUTO’s issued share capital, which remains at 1.85 billion shares. Including this latest trade, the company has bought back 24.87 million shares since the current mandate was approved on 30 May 2025, utilising 13.26% of its 187.62 million-share authorisation and representing 1.33% of the share base at the mandate date.

A total of 17.57 million repurchased shares (0.95% of current issued shares) are awaiting cancellation. Under Hong Kong listing rules, YONGDA AUTO is subject to a moratorium on issuing new shares or selling treasury shares until 9 May 2026.

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