Chervon Holdings Limited disclosed a series of on-market share buybacks that lifted its June tally to 1.45 million ordinary shares, equivalent to 0.29% of the company’s 511.05 million issued shares (excluding treasury shares) as at 23 June 2026.
The latest purchase on 24 June 2026 involved 150,000 shares at prices ranging from HK$15.53 to HK$15.98, for a consideration of HK$2.36 million. These shares, like the earlier tranches, are earmarked for cancellation but had not yet been cancelled as of the disclosure date.
Aggregating all eight transactions conducted between 8 June and 24 June, Chervon acquired: • Shares: 1.45 million • Average repurchase price: approximately HK$15.77 per share (volume-weighted) • Total cash outlay: about HK$22.87 million
The repurchases were made under the mandate approved on 18 May 2026, which authorises the company to buy back up to 51.11 million shares. Following the latest transactions, 2.84% of the mandate has been utilised, leaving around 49.66 million shares still available for future repurchase.
Under Hong Kong Stock Exchange rules, Chervon is subject to a moratorium prohibiting new share issues or treasury-share sales until 24 July 2026.
Post-repurchase, the company’s issued share capital remains at 511.05 million shares pending formal cancellation of the repurchased stock. No treasury shares were held, issued or sold during the period.
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