Shanghai Longcheer Technology Co., Ltd. disclosed a share repurchase on 6 August 2026 via its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.
The company bought back 546,200 A Shares on the Shanghai Stock Exchange at prices ranging between RMB 36.22 and RMB 37.14 per share, spending a total of RMB 19.99 million. The volume-weighted average purchase price was approximately RMB 36.62 per share.
Following the transaction, the number of issued shares excluding treasury shares declined by 0.12% to 465.65 million. Treasury shares increased to 4.68 million, equivalent to roughly 0.99% of the total 470.33 million issued shares, which remains unchanged.
The repurchased shares will be held as treasury shares for potential use in the company’s stock incentive and/or stock ownership schemes; no shares were cancelled. The board confirmed that the buyback complied with all relevant regulatory and listing requirements.
Comments