Ming Yuan Cloud Group Holdings Limited disclosed a new share repurchase in its Next Day Disclosure Return filed on 17 July 2026.
Key takeaways
1. Latest buyback • Date & venue: 17 July 2026, on the Hong Kong Stock Exchange • Volume: 1.50 million ordinary shares, all earmarked for cancellation • Price range: HK$1.33–HK$1.35 per share • Average price (implied): ~HK$1.34 • Total consideration: HK$2.02 million
2. Outstanding share capital unchanged (pending cancellation) • Issued shares (excluding treasury) remained at 1.90 billion. • Treasury shares stood at 12.32 million. • No new shares were issued during the period.
3. Aggregate repurchases pending cancellation • From 1 December 2025 to 17 July 2026, the company has bought back 47.95 million shares that are yet to be cancelled, equal to approximately 2.53 % of the current issued share base (excluding treasury shares).
4. Status of 2026 repurchase mandate • Mandate approved: 20 May 2026, covering up to 191.24 million shares. • Shares repurchased under this mandate to date: 6.50 million, representing 0.34 % of the issued shares at mandate approval. • Post-repurchase moratorium: Ming Yuan Cloud cannot issue new shares or dispose of treasury shares on the market until 16 August 2026.
All repurchases were conducted in accordance with the Hong Kong Listing Rules, and the company confirms receipt of all funds and compliance with regulatory requirements.
Comments