Haier Smart Home Conducts HKD 83.35 Million Buyback, Repurchasing 4.05 Million H-Shares

Bulletin Express09-22 21:22

Haier Smart Home Co., Ltd. (Haier Smart Home) has disclosed the repurchase of 4.05 million H-shares on the Hong Kong Stock Exchange between 9 and 22 September 2026, according to its latest Next Day Disclosure Return.

Key figures • Share repurchases: 4.05 million H-shares, representing 0.14% of the company’s issued H-share capital as at the mandate date of 24 June 2026. • Aggregate consideration: Approximately HKD 83.35 million, implying a volume-weighted average repurchase price of about HKD 20.58 per share. • Daily activity: Purchases ranged from 300,000 to 600,000 shares per session, with daily average prices spanning HKD 19.71–21.08. • Latest session (22 September 2026): 300,000 shares bought at prices between HKD 19.74 and HKD 20.08, costing HKD 5.97 million. • Mandate utilisation: The 4.05 million shares repurchased equate to 1.42% of the 285.36 million shares authorised for buyback under the shareholder mandate approved on 24 June 2026.

Capital structure • Issued H-shares (excluding treasury shares) remained at 2.85 billion as of both 21 and 22 September 2026. • All 4.05 million repurchased shares are earmarked for cancellation and therefore still form part of issued share capital until the cancellation process is completed. • No treasury shares were held before or after the transactions.

Regulatory conditions • In line with Hong Kong Stock Exchange regulations, Haier Smart Home is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares following the 22 September repurchase, ending on 22 October 2026. • The company confirmed full compliance with Main Board Rules, relevant laws, and the terms of its repurchase mandate.

Strategic context The ongoing buyback programme underscores Haier Smart Home’s use of authorised repurchase capacity to enhance shareholder value and optimise capital structure without altering the overall number of issued shares until formal cancellation. Market participants will monitor subsequent filings for confirmation of share cancellation and any further utilisation of the remaining 98.58% of the current repurchase mandate.

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