Mongolian Mining reports latest on-market buyback; 6.46 million shares repurchased under 2025 mandate

Bulletin Express
Apr 01

Mongolian Mining Corporation (MMC) has filed a Next Day Disclosure Return for 1 April 2026, detailing the continuation of its on-market share repurchase programme.

On 1 April 2026 the company bought back 201,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 10.60 to HKD 10.69, for a total consideration of HKD 2.14 million. All repurchased shares are intended for cancellation.

Including this latest transaction, MMC has acquired 6.46 million shares since the current buyback mandate was approved on 26 May 2025, equivalent to 0.62 % of the 1,033.52 million shares in issue on the mandate date. The mandate permits repurchases of up to 103.35 million shares, leaving substantial headroom for further activity.

As at the reporting date, 2.09 million shares repurchased between 18 March and 1 April 2026 (priced between HKD 10.27 and HKD 10.66) remain outstanding pending cancellation. The company’s issued share capital therefore stands unchanged at 1,036.97 million shares until these cancellations are effected.

Under Hong Kong Listing Rule 10.06(3)(a), MMC is subject to a moratorium on issuing new shares or transferring treasury shares until 1 May 2026. All repurchases were confirmed to comply with applicable listing rules and regulatory requirements.

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