Zhou Liu Fu buys back 0.55 million H-shares for HK$9.00 million, cutting free-float by 0.20%

Bulletin Express06-10

Zhou Liu Fu Jewellery Co., Ltd. (Zhou Liu Fu) disclosed a share repurchase executed on 10 June 2026, acquiring 546,600 H-shares on the Hong Kong Stock Exchange.

The shares were repurchased within a price range of HK$16.16 to HK$16.92, at a volume-weighted average cost of HK$16.46 per share, for a total consideration of HK$9.00 million.

Following the transaction, the number of issued shares excluding treasury stock fell 0.20% from 268.36 million to 267.81 million. Treasury shares increased from 5.33 million to 5.87 million, while the company’s total issued shares remained unchanged at 273.69 million.

The buyback forms part of a mandate approved on 22 May 2026 that authorises the repurchase of up to 27.28 million shares. Including the latest transaction, Zhou Liu Fu has repurchased 4.94 million shares under this mandate, representing 1.81% of the share capital outstanding on the mandate date.

In accordance with Hong Kong Stock Exchange rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 10 July 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment