Chervon completes HKD 4.21 million on-market buyback; 0.14% of mandate utilised

Bulletin Express06-18

Chervon Holdings Limited (Chervon) disclosed a further share repurchase on 11 June 2026, buying back 280,700 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 14.80 to HKD 15.08. The transaction cost HKD 4.21 million, implying a volume-weighted average price of approximately HKD 14.99 per share.

Including this latest trade, Chervon has repurchased a total of 700,000 shares between 8–11 June 2026, all designated for cancellation. The cumulative amount represents about 0.14 % of the 511.05 million shares outstanding before the first repurchase in the period.

Under the general mandate approved on 18 May 2026, the company is authorised to repurchase up to 51.11 million shares. To date, 0.14 % of that authority has been exercised. In line with Hong Kong listing regulations, Chervon is subject to a 30-day moratorium—lasting until 11 July 2026—on any new share issuance or sale of treasury shares following the latest repurchase.

Post-transaction, the company’s issued share capital remains at 511.05 million shares, pending cancellation of the repurchased stock.

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