Lianlian Buys Back 154,000 H-Shares, Raising Treasury Stock to 25.94 Million

Bulletin Express04-22 19:43

Lianlian DigiTech Co., Ltd. disclosed a share repurchase under Hong Kong Exchange rules, trimming its outstanding H-share float and expanding treasury holdings.

Key Transaction • Date: 22 April 2026 • Volume: 154,000 H-shares • Average price: HKD 6.19 per share • Price range: HKD 6.13–6.37 • Cash outlay: HKD 0.95 million • Shares held in treasury post-deal: 25.94 million

Capital Structure Impact • Issued shares (excluding treasury) fell 0.04 % to 439.82 million. • Total issued shares remained unchanged at 465.75 million, as repurchased stock was retained in treasury.

Repurchase Mandate Utilisation • Authority granted on 6 June 2025 permits buybacks of up to 41.79 million shares. • Cumulative repurchases under the mandate: 25.17 million shares, equal to 6.02 % of shares outstanding when the mandate was approved. • A 30-day moratorium on new share issues or treasury share sales runs through 22 May 2026 following this buyback.

Compliance Statement The company confirmed that the transaction adhered to all Hong Kong Main Board Listing Rules and applicable regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment