AAC Technologies Holdings Inc. (AAC Tech) has released its notice for the 2026 annual general meeting, scheduled for 21 May 2026 in Hong Kong. Key resolutions include:
1. Capital authorities • Renewal of a general mandate allowing the board to allot new shares and/or resell treasury shares of up to 10% of the issued share capital (excluding treasury shares), equal to a ceiling of 116.35 million shares based on the current 1.16 billion shares outstanding. • Any cash placement or treasury-share resale must not exceed a 10% discount to the benchmark price. • Renewal of a 10% share repurchase mandate, likewise capped at 116.35 million shares. • Extension of the issue mandate by the number of shares actually repurchased under the above buy-back authority.
2. Dividend proposal A final dividend of HK$0.35 per share for FY25 will be put to vote. The register will close 28 May–1 June 2026 with a record date of 1 June 2026.
3. Board composition Re-election of directors: independent non-executives Kwok Lam Kwong Larry, Cheng Kwang Ting and Cheng James Su-Ting, and executive director Mok Joe Kuen Richard. The Nomination Committee supports their return, citing complementary expertise across law, finance, AI chip design and public administration.
4. Auditor Deloitte Touche Tohmatsu is nominated for re-appointment, with the FY26 audit fee expected at HK$7.50–8.10 million.
5. Share capital snapshot (22 April 2026) • Issued shares: 1.16 billion • Treasury shares: 35.01 million
All AGM resolutions will be decided by poll. Holders of treasury shares will abstain from voting in respect of those shares.
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