China Mengniu Dairy Company Limited (Mengniu Dairy) reported a reduction in its issued share capital after cancelling 2.43 million previously repurchased shares on 8 June 2026. The cancellation cut the company’s outstanding ordinary shares to 3.88 billion from 3.88 billion, representing a 0.06% decrease.
Key details of the latest cancellations • Seven tranches of shares repurchased between 10 April and 22 April 2026 were cancelled on 8 June 2026. • Cancellation volumes ranged from 200,000 to 600,000 shares per tranche, executed at volume-weighted average prices between HKD 16.40 and HKD 16.89 per share. • Total shares cancelled: 2.43 million; cumulative cost (volume-weighted): approximately HKD 40.98 million.
Outstanding repurchases pending cancellation • As of 8 June 2026, 3.78 million shares remain in the pipeline for cancellation, acquired at an average repurchase price of about HKD 16.62 per share. • The largest single pending block—1.00 million shares—was bought on 5 June 2026 at HKD 16.05 per share.
Latest market repurchase • On 8 June 2026, Mengniu Dairy bought back 441,000 shares on the Hong Kong Stock Exchange at prices between HKD 16.20 and HKD 16.35, spending HKD 7.19 million.
Repurchase mandate utilisation • Shareholders renewed the company’s buy-back mandate on 5 June 2026, authorising up to 387.89 million shares. • Including the 8 June transaction, Mengniu Dairy has repurchased 1.44 million shares under the new mandate, equivalent to 0.04% of the share count at the mandate date.
Regulatory timetable • In line with Hong Kong listing rules, the company is subject to a 30-day moratorium on issuing new shares following the 8 June repurchase, ending on 8 July 2026.
Following the latest cancellations and ongoing repurchases, Mengniu Dairy continues to actively manage its capital structure within the limits set by its shareholder mandate and Hong Kong Stock Exchange regulations.
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