Jiumaojiu repurchases 416,000 shares for HK$0.50 million; cumulative buyback reaches 4.73 million shares

Bulletin Express06-24

Jiumaojiu International Holdings Limited disclosed a Next Day Disclosure Return dated 24 June 2026, detailing the latest progress of its on-market share repurchase programme.

On 24 June 2026, the company bought back 416,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging between HK$1.17 and HK$1.22, spending a total of HK$0.50 million. The volume-weighted average price for the day was approximately HK$1.21 per share. All repurchased shares are earmarked for cancellation.

Since the current mandate was approved on 5 June 2026, Jiumaojiu has repurchased 4.73 million shares, representing 0.3401% of the company’s issued share capital on the mandate date. The mandate authorises the company to buy back up to 139.18 million shares.

As of the close of 24 June 2026, the company’s issued share capital stood unchanged at 1.39 billion shares with no treasury shares outstanding.

The buybacks conducted between 30 December 2025 and 24 June 2026 encompass 88 separate on-market transactions, with individual repurchase prices ranging from HK$1.21 to HK$2.24 per share and single-day volumes between 14,000 and 1.21 million shares.

Pursuant to Hong Kong listing rules, Jiumaojiu is subject to a moratorium on issuing new shares until 24 July 2026 following the latest repurchase. The company confirmed that all repurchases complied with applicable regulatory requirements and its existing explanatory statement filed with the Exchange.

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