AV Concept repurchases 198,000 shares for HK$0.20 million, equal to 0.02% of outstanding stock

Bulletin Express
Jul 28

AV Concept Holdings Limited disclosed on 28 July 2026 that it bought back 198,000 ordinary shares on the Hong Kong Stock Exchange at a uniform price of HK$1.00 per share, for a total consideration of HK$0.20 million.

The repurchased shares, earmarked for cancellation, represent approximately 0.0225% of the company’s 880.00 million issued shares recorded on both 24 July 2026 (opening balance) and 28 July 2026 (closing balance). As the cancellation has not yet been effected, the total issued share count remains unchanged at 880.00 million.

The transaction was executed under the share-repurchase mandate approved on 5 September 2025, which authorises the company to buy back up to 90.87 million shares. Cumulative repurchases under this mandate now stand at 28.86 million shares, equivalent to 3.18% of the issued share base on the mandate’s approval date.

In accordance with Hong Kong Stock Exchange regulations, AV Concept is subject to a moratorium on new share issues or sales of any treasury shares until 27 August 2026.

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