Mengniu Dairy Executes HKD 1.80 Million Share Buyback; Cumulative Repurchases Reach 6.63 Million Shares

Bulletin Express10-28

China Mengniu Dairy Company Limited (Mengniu Dairy) disclosed that it repurchased 100,000 ordinary shares on 28 October 2026 via on-exchange transactions at prices between HKD 17.94 and HKD 18.00, for a total consideration of HKD 1.80 million.

Since 31 August 2026, the company has accumulated 3.69 million shares pending cancellation, equal to approximately 0.10 % of its 3.87 billion issued shares. These purchases were executed at volume-weighted average prices ranging from HKD 17.19 to HKD 17.99 per share.

Under the share-repurchase mandate granted on 5 June 2026, Mengniu Dairy is authorised to buy back up to 387.89 million shares. Aggregate repurchases under this mandate now stand at 6.63 million shares, representing 0.17 % of the issued share base on the mandate date.

The latest transaction does not alter the company’s issued share capital, which remains at 3.87 billion shares, as all repurchased shares have yet to be cancelled. In accordance with Hong Kong Stock Exchange rules, Mengniu Dairy is subject to a moratorium on new share issues or treasury-share sales until 27 November 2026.

The board affirmed that all repurchases were duly authorised and executed in full compliance with the Hong Kong Listing Rules and applicable regulations.

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