SinoMedia buys back 77,000 shares at up to HK$1.99; share count steady at 467.83 million

Bulletin Express04-29 17:26

SinoMedia Holding Limited disclosed a share repurchase of 77,000 ordinary shares on 29 April 2026 via on-market transactions on the Hong Kong Stock Exchange. The purchases were executed at prices ranging from HK$1.97 to HK$1.99 per share, for an aggregate consideration of HK$0.15 million.

The repurchased shares, earmarked for cancellation, represent 0.02% of SinoMedia’s 467.83 million issued shares outstanding as at both the opening (31 March 2026) and closing (29 April 2026) balance dates. Because the cancellation had not been completed by the reporting date, the total number of issued shares remained unchanged.

This transaction forms part of the repurchase mandate approved at the company’s 11 June 2025 annual general meeting, which authorises up to 46.88 million shares to be bought back. Cumulatively, SinoMedia has repurchased 3.29 million shares—equivalent to 7.03% of the share capital outstanding on the mandate date—leaving capacity for further buybacks.

Under Hong Kong listing rules, the company is subject to a 30-day moratorium on issuing new shares or transferring treasury shares, effective until 29 May 2026.

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