Hong Kong-listed Lianlian DigiTech Co., Ltd. disclosed a simultaneous issue of new shares and an on-market repurchase on 22 May 2026, marginally reducing its free-float H-share base.
The company allotted 35,000 new H-shares at RMB 2.96 each upon exercise of options granted under the 2021 Pre-IPO Share Option Scheme to non-director participants. The issuance expanded the share count by 0.008 % versus the previous day’s balance.
On the same trading day, Lianlian DigiTech repurchased 319,000 H-shares on the Hong Kong Stock Exchange at prices between HK$5.30 and HK$5.52, for a volume-weighted average cost of HK$5.43 per share. The aggregate consideration amounted to HK$1.73 million, and the shares have been retained as treasury stock.
After incorporating both transactions, issued shares (excluding treasury stock) fell by 284,000 to 436.59 million, a 0.07 % contraction. Treasury shares rose to 30.16 million, bringing total issued shares, including treasury stock, to 466.75 million.
Under the current share-repurchase mandate granted on 6 June 2025, Lianlian DigiTech is authorised to buy back up to 41.79 million shares. Cumulative purchases now stand at 29.39 million shares, equivalent to 7.03 % of the share capital outstanding on the mandate date. Pursuant to Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 21 June 2026.
Comments