Jiumaojiu repurchases 40.37 million shares under mandate; 34.52 million still awaiting cancellation

Bulletin Express04-10

Jiumaojiu International Holdings Limited released its Next Day Disclosure Return on 10 April 2026, confirming that the company’s issued share capital remained unchanged at 1.39 billion ordinary shares as of the same date.

From 30 December 2025 to 10 April 2026, the company bought back a cumulative 34.52 million shares that have yet to be cancelled, equivalent to approximately 2.48% of its current issued share base. Repurchase prices during the period ranged between HKD 1.65 and HKD 2.24 per share.

On 10 April 2026, Jiumaojiu executed an additional on-exchange buyback of 14,000 shares at HKD 1.82 each, paying HKD 25,480 in total. These shares are designated for cancellation.

Since shareholders approved the repurchase mandate on 6 June 2025, Jiumaojiu has acquired 40.37 million shares in aggregate, representing 2.89% of the outstanding shares at the mandate date. The mandate permits repurchases of up to 139.76 million shares. In line with Hong Kong Stock Exchange rules, the company is subject to a moratorium on issuing new shares until 10 May 2026 following the latest buyback.

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