AV Concept Executes HKD1.08 Million Share Buyback; Cumulative Repurchases Reach 20.66 Million Shares

Bulletin Express
Jul 14

AV Concept Holdings Limited disclosed a further on-market repurchase of 800,000 ordinary shares on 14 July 2026, paying between HKD1.32 and HKD1.35 per share for a total consideration of HKD1.08 million. All repurchased shares are intended for cancellation. The transaction left the group’s issued share capital unchanged at 898.00 million shares, as cancellation is still pending.

Including the latest purchase, AV Concept has bought back an aggregate 10.00 million shares since 29 June 2026 at volume-weighted average prices ranging from HKD0.90 to HKD1.35, equivalent to 1.11 % of its outstanding share count prior to the programme. Under the current shareholder mandate granted on 5 September 2025—authorising repurchases of up to 90.87 million shares—the company has so far acquired 20.66 million shares, representing 2.27 % of the issued share base at the mandate date.

In line with Hong Kong Listing Rules, AV Concept is subject to a moratorium on issuing new shares or disposing of treasury shares until 13 August 2026, 30 days after the latest buyback. The company affirmed that all repurchases complied with the Exchange’s regulations and the terms outlined in its August 2025 explanatory statement.

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