Midea Group Co., Ltd. reported adjustments to its A-share capital on 10 April 2026 under a Next Day Disclosure Return filed in Hong Kong.
Key points:
1. Share repurchase • The company bought back 744,600 A-shares on the Shenzhen Stock Exchange for RMB 56.79 million, paying between RMB 76.10 and RMB 76.51 per share. • The repurchased shares are being held as treasury stock for future employee incentive schemes, lifting total treasury shares to 86.70 million.
2. Option exercises • Employees exercised 29,309 options under the Eighth Stock Option Incentive Plan at RMB 70.29 per share. • A further 36,890 options were exercised under the Ninth Stock Option Incentive Plan at RMB 45.16 per share. • Combined, 66,199 new shares were issued, partially offsetting the effect of the buyback.
3. Resulting capital changes • Outstanding shares (excluding treasury shares) decreased by 678,401, or 0.01%, to 6.87 billion. • Total issued shares, including treasury stock, edged up slightly to 6.95 billion due to the option-related issuance.
The repurchase and option exercises were authorised by the board and executed in compliance with Shenzhen Stock Exchange regulations and Hong Kong listing rules, according to the filing signed by Chairman and CEO Fang Hongbo.