Jiaxin Intl Resources Executes HKD 1.80 Million On-Market Share Buyback, Trimming Float by 0.011%

Bulletin Express10-22 18:02

Jiaxin International Resources Investment Limited disclosed a modest share repurchase under Hong Kong’s Next Day Disclosure Return rules, confirming the buyback of 50,000 ordinary shares on 22 October 2026. The transaction, conducted on the Hong Kong Stock Exchange, was executed at a uniform price of HKD 35.94 per share, resulting in an aggregate consideration of HKD 1.80 million.

Following the repurchase, the company’s issued share capital (excluding treasury shares) fell from 455.45 million to 455.40 million, equating to a 0.011% reduction. The shares were retained as treasury stock, lifting the treasury balance to 300,000 shares, while total issued shares remained unchanged at 455.70 million.

The repurchase formed part of the mandate approved by shareholders on 19 May 2026, which authorises the company to buy back up to 45.57 million shares. Cumulative buybacks under this mandate now stand at 300,000 shares, representing 0.066% of the issued share base as of the mandate date. In line with Hong Kong Listing Rules, Jiaxin Intl Resources is subject to a moratorium on new share issues or further sales of treasury shares until 21 November 2026.

Management affirmed that the transaction complied with all applicable listing and regulatory requirements and that the aggregate payment has been fully settled.

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