China Hongqiao repurchases 2.44 million shares on 27 Mar 2026; outstanding cancellations rise to 55.66 million

Bulletin Express03-27

China Hongqiao Group Limited disclosed a fresh on-market buyback of 2.44 million ordinary shares on 27 March 2026. Transaction details are as follows:

• Trading range: HKD 33.36–34.92 per share • Volume-weighted average price: HKD 34.34 • Aggregate consideration: HKD 83.76 million

Issued share capital remains at 9.98 billion shares because the repurchased stock has not yet been cancelled.

Including purchases made between 23 and 26 March, 55.66 million shares (0.56 % of the current issued share base) are pending cancellation. The five-day buybacks cost a combined HKD 1.82 billion at volume-weighted average prices ranging from HKD 31.20 to HKD 34.44.

Under the shareholder mandate granted on 7 May 2025, China Hongqiao is authorised to repurchase up to 935.99 million shares. To date, 209.94 million shares have been bought back, utilising 22.42 % of the mandate and representing 2.24 % of the share capital outstanding on the mandate date. Approximately 726.05 million shares remain available for future repurchases.

Pursuant to Hong Kong Stock Exchange rules, the company is subject to a moratorium on issuing new shares until 26 April 2026 following the latest buyback activity.

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