Geely Automobile (00175.HK) Announces 659,000-Share Repurchase and Updated Equity Structure

Bulletin Express02-23 16:44

Geely Automobile Holdings Limited (stock code: 00175) disclosed a share repurchase and updated its share structure on 23 February 2026. The repurchase involved 659,000 ordinary shares on the Exchange. These repurchased shares will be held as treasury shares, bringing the treasury share balance to 15,017,000.

Before the transaction, there were 10,817,104,297 issued shares (excluding treasury shares). Following the repurchase, the company’s total shares (including treasury shares) remains 10,831,462,297, while its issued shares (excluding treasury shares) stand at 10,816,445,297. The repurchase accounted for approximately 0.00609% of the issued shares, with the highest repurchase price at HKD 17.18, lowest at HKD 16.99, and total consideration of HKD 11.26 million.

The current repurchase is authorized under a mandate dated 30 May 2025, which allows up to 1,008,392,703 shares to be repurchased. Since authorization, an aggregate of 82.45 million shares has been repurchased, representing about 0.82% of the issued share capital as of the date of the resolution. According to the disclosure, no new shares may be issued or transferred from the company’s treasury within 30 days from this repurchase, ending on 25 March 2026.

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