AV Concept Holdings Limited reported a further on-market repurchase of 14,000 ordinary shares on 8 July 2026 at HK$1.23 per share, for a total consideration of HK$17,220. The shares are intended for cancellation and have not yet been removed from the company’s issued share capital.
Including this latest transaction, the group has repurchased 14.46 million shares under the mandate granted on 5 September 2025, representing 1.59% of the issued share base on that mandate date. The mandate permits buybacks of up to 90.87 million shares; thus, 15.92% of the authorised limit has been utilised.
Repurchase details disclosed in the filing show earlier pending-cancellation purchases of: • 3.57 million shares on 29 June 2026 at an average HK$0.8974 per share • 0.21 million shares on 3 July 2026 at an average HK$1.029 per share
Following the transactions, AV Concept’s issued share capital remained unchanged at 898.00 million shares as of 8 July 2026 because the repurchased shares had not yet been cancelled.
The company noted that the HK$1.23 repurchase price on 8 July 2026 exceeded the HK$1.21 maximum purchase price calculated under Hong Kong Listing Rule 10.06(2)(a). A moratorium on new share issues or treasury share sales is in place until 7 August 2026, in line with the rule-mandated 30-day restriction following the latest buyback.