CCTC Repurchases 1.29 Million A-Shares; Free Float Slips 0.07%

Bulletin Express08-06

Chaozhou Three-Circle (Group) Co., Ltd. (abbreviated as “CCTC”, HKEX: 06951; SZSE: 300408) disclosed a Next Day Return covering its A-share buyback executed on 6 August 2026.

• Transaction details: CCTC bought back 1.29 million A-shares on the Shenzhen Stock Exchange at prices ranging from RMB 121.96 to RMB 124.99, translating into a volume-weighted average of roughly RMB 123.75 per share. The aggregate consideration reached RMB 159.56 million.

• Share capital impact: – Issued shares (excluding treasury shares) decreased to 1.900 billion from 1.901 billion, a contraction of 0.07%. – Treasury shares expanded to 16.39 million, up by the repurchased 1.29 million shares. – Total issued share capital remains unchanged at 1.916 billion, as the repurchased shares are held in treasury and have not been cancelled.

The repurchase was carried out under domestic exchange regulations and reported in compliance with Hong Kong Main Board Rule 13.25A and Rule 10.06(4)(a). No details were provided on further cancellation plans or additional buyback authorisations.

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