Midea Group Adds 5.90 Million A Shares Through Option Exercises; Treasury Position Expands to 123 Million Shares

Bulletin Express06-02 21:43

For the month ended 31 May 2026, Midea Group Co., Ltd. reported the following equity movements:

1. Authorised and Issued Share Capital • Authorised A-share capital grew by 5.90 million shares to 6.96 billion shares, lifting total authorised capital to 7.61 billion shares. • Authorised and issued H-share capital remained unchanged at 650.85 million shares.

2. Issued vs. Treasury A Shares • 5.90 million new A shares were issued via employee stock-option exercises. • Treasury A shares increased by 27.24 million to 123.39 million, equal to 1.77 % of total issued A shares. • Net outstanding A shares fell by 21.34 million to 6.84 billion despite the new issuance, reflecting ongoing buy-back activity.

3. Option Exercise Details • Eighth Stock Option Incentive Plan: 3.62 million options exercised at RMB 70.29. • Ninth Stock Option Incentive Plan: 2.28 million options exercised at RMB 45.16. • Total cash inflow from option exercises reached RMB 357.57 million. • Outstanding unexercised options under all plans stand at 33.49 million A shares.

4. Convertible Bonds • Two zero-coupon guaranteed convertible bonds remain outstanding: – HKD 8.62 billion due 2027, convertible into up to 89.07 million H shares. – HKD 8.62 billion due 2033, convertible into up to 74.50 million H shares. • No conversions were recorded during the month.

5. Public Float Compliance • The company confirmed that its H-share public float exceeded the 5 % minimum requirement as of 31 May 2026.

No new movements were recorded under restricted share incentive or stock-ownership schemes, and no H-share issuance, cancellation or treasury transactions occurred during the reporting period.

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