Jiumaojiu completes additional share buyback; cumulative repurchases reach 53.45 million shares

Bulletin Express05-19 20:43

Jiumaojiu International Holdings Limited disclosed a Next Day Disclosure Return dated 19 May 2026, confirming the following key points:

• Capital base unchanged: Issued ordinary shares remained at 1.39 billion as of 19 May 2026, identical to the opening balance on 18 May 2026. The company holds no treasury shares.

• Latest on-market repurchase: On 19 May 2026 Jiumaojiu bought back 443,000 shares on the Hong Kong Stock Exchange at HK$1.57–HK$1.60 per share, for an aggregate consideration of HK$0.70 million. All repurchased shares are designated for cancellation.

• Running total under 2025 mandate: Since the annual mandate was approved on 6 June 2025, the company has repurchased 53.45 million shares, representing 3.82% of the issued share capital on the mandate date. The mandate authorises up to 139.76 million shares for buyback.

• Price range of programme: Buybacks executed between 30 December 2025 and 19 May 2026 were carried out at share prices ranging from HK$1.57 to HK$2.24.

• Settlement timeline: Repurchased shares are pending formal cancellation; until then they continue to be reflected in the issued share count. Under Hong Kong listing rules, Jiumaojiu is restricted from issuing new shares until 18 June 2026 (30 days after the latest repurchase).

The disclosure confirms that all repurchases complied with Hong Kong Stock Exchange requirements and the company’s internal authorisations.

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