Jiumaojiu discloses 54.20 million shares pending cancellation; latest buyback totals HK$0.50 million

Bulletin Express06-12 19:02

Jiumaojiu International Holdings Limited reported to the Hong Kong Stock Exchange on 12 June 2026 that its issued share capital remained unchanged at 1.39 billion ordinary shares, with no treasury shares outstanding.

The company has been actively executing on-market share repurchases. From 30 December 2025 to 12 June 2026 it bought back a cumulative 54.20 million shares that are pending cancellation, equivalent to approximately 3.90 % of the current issued share base.

On 12 June 2026, Jiumaojiu repurchased 340,000 shares on the Exchange at prices between HK$1.44 and HK$1.49, for a total consideration of HK$0.50 million. These shares are earmarked for cancellation.

The repurchase falls under the general mandate approved by shareholders on 5 June 2026, which authorises the company to buy back up to 139.18 million shares. Since the mandate became effective, the company has acquired 1.73 million shares, representing 0.12 % of the authorised limit.

In accordance with Main Board Rule 10.06, Jiumaojiu is subject to a moratorium on any new share issues or treasury-share disposals until 12 July 2026 following the latest repurchase.

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