China XLX Fertiliser Ltd. (Stock Code: 01866) Announces Share Repurchase Results and Updated Issued Shares

Bulletin Express10-31

China XLX Fertiliser Ltd. (Incorporated in Singapore) announced a share repurchase on 31 October 2025, as disclosed in a Next Day Disclosure Return. The company repurchased 389,000 shares on the Hong Kong Stock Exchange at prices ranging between HKD 7.29 and HKD 7.35, resulting in an aggregate price paid of approximately HKD 2,847,749.316.

Following this transaction, the closing balance on 31 October 2025 showed 1,280,185,000 issued shares (excluding treasury shares) and 3,056,000 treasury shares, maintaining a total issued share count of 1,283,241,000. According to the return, a repurchase mandate dated 20 June 2025 authorizes up to 128,324,100 shares to be repurchased, of which 2,050,000 shares have been repurchased under that mandate so far.

The company indicated that there is a moratorium period until 30 November 2025 for issuing new shares, selling, or transferring the treasury shares it holds, in accordance with relevant listing rules. The Next Day Disclosure Return confirms that the repurchases followed applicable regulations and that no material changes have occurred in the related Explanatory Statement filed previously. The repurchased shares will continue to be held as treasury shares, bringing the total treasury shares to the updated figure noted above.

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