China Hongqiao (CHINAHONGQIAO) Executes HKD 354.42 Million Buyback; Cumulative 2026 Repurchases Reach 95.22 Million Shares

Bulletin Express10-30

China Hongqiao Group Limited filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 30 October 2026, confirming the continuation of its 2026 share-repurchase programme.

Key points:

• Latest transaction: On 29 October 2026 the company bought back 17.79 million ordinary shares on the Exchange at prices between HKD 19.80 and HKD 20.18, spending HKD 354.42 million. The volume-weighted average repurchase price was approximately HKD 19.93 per share. All shares are earmarked for cancellation.

• Programme progress: Between 23–29 October 2026, a total of 95.22 million shares have been repurchased but not yet cancelled. Daily breakdown (volume / VWAP):  – 23 Oct: 24.03 million @ HKD 18.72  – 26 Oct: 19.56 million @ HKD 19.42  – 27 Oct: 18.75 million @ HKD 19.73  – 28 Oct: 15.09 million @ HKD 19.87  – 29 Oct: 17.79 million @ HKD 19.93

• Capital structure: Issued share capital remained at 9.82 billion shares as of 29 October 2026 because the repurchased shares had not yet been cancelled.

• Mandate utilisation: The repurchases form part of the mandate approved on 19 May 2026, which authorises the company to buy back up to 991.18 million shares. The 95.22 million shares acquired to date represent 0.96 % of the total shares outstanding on the mandate date.

• Repurchase window: In accordance with Main Board Rule 10.06(3)(a), China Hongqiao is subject to a moratorium on issuing new shares until 28 November 2026 following the latest buyback.

The company confirmed that all transactions were executed in compliance with Hong Kong listing regulations and that no changes have been made to the explanatory statement dated 24 April 2026 supporting the mandate.

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