AV Concept Holdings Repurchases 1.00 Million Shares at HKD 1.05, Reducing Outstanding Shares to 878.00 Million

Bulletin Express
Jul 31

AV Concept Holdings Limited disclosed a further on-market share buyback on 31 July 2026, purchasing 1.00 million ordinary shares at a volume-weighted average price of HKD 1.05 per share. The transaction totalled HKD 1.05 million.

The repurchase lowered the company’s issued share capital (excluding treasury shares) by 0.11 percentage points, from 879.00 million to 878.00 million shares. Concurrently, treasury shares held rose to 2.00 million.

In addition to the latest buyback, AV Concept previously repurchased 5.00 million shares for cancellation across 28–29 July 2026 at an average price of approximately HKD 0.98–1.00 each; these shares had not yet been cancelled as of 31 July 2026.

Under the repurchase mandate approved on 5 September 2025, the company is authorised to buy back up to 90.87 million shares. Cumulative repurchases to date total 35.66 million shares, representing 3.92% of the share base on the mandate date. Following the 31 July transaction, AV Concept is restricted from issuing new shares or selling treasury shares until 30 August 2026, in accordance with Hong Kong Stock Exchange regulations.

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