AV Concept Holdings Limited announced that it bought back 180,000 ordinary shares on 2 April 2026 via on-market transactions at a repurchase price of HKD 0.495 per share, for a total consideration of approximately HKD 0.09 million.
\n\nPost-transaction, the company’s issued share capital remains at 905.53 million shares, as the repurchased shares have not yet been cancelled. Together with 720,000 shares repurchased on 31 March 2026 that are also pending cancellation, the total number of shares awaiting cancellation stands at 900,000, equivalent to 0.10 % of the current issued share base.
\n\nThe buyback forms part of the mandate approved by shareholders on 5 September 2025, which authorises the repurchase of up to 90.87 million shares. Cumulative repurchases under this mandate now total 4.03 million shares, representing 0.44 % of the issued share capital at the date the mandate was granted.
\n\nIn accordance with Hong Kong Listing Rules, AV Concept is subject to a moratorium on issuing new shares until 2 May 2026 following the latest repurchase.