CHERVON executes HK$2.29 million share buyback, lifts cumulative repurchases to 0.08% of share capital

Bulletin Express06-10

Chervon Holdings Limited disclosed that it repurchased 150,000 ordinary shares on 10 June 2026 via on-market transactions under its existing share buyback mandate. The shares, earmarked for cancellation, were acquired at prices ranging from HK$15.02 to HK$15.41, with a volume-weighted average cost of HK$15.26 per share, representing a total outlay of HK$2.29 million.

Including purchases on 8 and 9 June, the company has bought back 419,300 shares this month at an average HK$15.24 per share, bringing aggregate consideration to approximately HK$6.39 million. The repurchased amount equals 0.08 % of Chervon’s 511.05 million issued shares as at 9 June 2026.

Despite the buybacks, the company’s issued share capital remained unchanged at 511.05 million shares as of 10 June 2026 because the repurchased stock had not yet been cancelled. Chervon is authorised to repurchase up to 51.11 million shares under the mandate granted on 18 May 2026; 1.00 % of this limit has been utilised to date.

Pursuant to Hong Kong listing rules, Chervon is subject to a moratorium on issuing new shares or transferring any treasury shares until 10 July 2026.

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