JLMAG Repurchases 1.05 Million H-Shares on 5 November; Issued Share Count Unchanged at 240.33 Million

Bulletin Express11-05 20:21

JL MAG Rare-Earth Co., Ltd. (abbreviation: JLMAG) disclosed a Next Day Disclosure Return showing fresh activity under its Hong Kong share repurchase programme.

Key takeaways:

• Latest buyback: On 5 November 2026 the company repurchased 1.05 million H-shares on the Stock Exchange of Hong Kong at prices between HKD 14.70 and HKD 15.15, paying a total of HKD 15.62 million. • Cumulative repurchases: Including purchases on 4 November (0.80 million shares at an average HKD 14.62), the company has bought back 5.39 million shares since its 28 April 2026 mandate, equal to 0.40% of the shares outstanding on that mandate date. • Share base intact: All repurchased shares remain uncancelled; therefore the issued share capital stands at 240.33 million shares as at 5 November 2026, with no treasury shares on hand. • Mandate capacity: JLMAG remains authorised to repurchase up to 137.56 million shares under its current mandate. • Post-buyback restriction: Consistent with HKEX rules, the company is restricted from issuing new shares or selling treasury shares until 5 December 2026.

The filing confirms that all repurchases complied with Hong Kong listing requirements and that no material changes have been made to the explanatory statement dated 2 April 2026.

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