Midea Group Buys Back RMB100.20 Million of A-Shares, Cuts Free Float by 0.02%

Bulletin Express07-03

Midea Group Co., Ltd. repurchased 1.28 million A-shares on 3 July 2026 via the Shenzhen Stock Exchange, spending RMB100.20 million in total. The shares were bought at prices ranging from RMB77.35 to RMB79.69, with a volume-weighted average cost of RMB78.10 per share.

Prior to the transaction, Midea had 6.81 billion issued shares excluding treasury stock. The repurchase reduced this figure by 0.02 % to 6.81 billion shares, while the company’s treasury share balance rose from 152.52 million to 153.81 million. Total issued shares remain unchanged at 6.96 billion, as the repurchased stock is being held in treasury for potential future cancellation or other purposes.

The board authorised the buyback, which was carried out in compliance with Shenzhen Stock Exchange regulations and the Hong Kong Stock Exchange’s disclosure requirements. No shares have yet been cancelled, and the company noted that the repurchase mandate details are not applicable under Hong Kong listing rules.

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