CHINA LIT logs fresh HK$4.32 million buyback; October repurchases total 2.46 million shares

Bulletin Express
Oct 29

China Literature Limited (abbreviated as CHINA LIT) filed a Next Day Disclosure Return on 29 October 2026, detailing continued execution of its share repurchase mandate.

The company bought back 200,000 ordinary shares on 29 October at prices between HK$21.36 and HK$21.98 per share, for a total consideration of HK$4.32 million. All shares repurchased are earmarked for cancellation.

Including earlier market transactions between 2 October and 28 October, CHINA LIT has accumulated 2.46 million shares pending cancellation in October, equivalent to roughly 0.24 % of the current issued share capital of 1.01 billion shares. Acquisition prices across the month ranged from HK$19.56 to HK$23.09 per share.

Under the mandate approved on 2 June 2026, the company is authorised to repurchase up to 102.15 million shares. As of 29 October, 20.31 million shares—about 1.99 % of the shares outstanding on the mandate date—have been repurchased.

Following the latest transaction, CHINA LIT is subject to a moratorium on issuing new shares until 28 November 2026, in line with Hong Kong Stock Exchange regulations.

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