Lianlian DigiTech cuts free float with fresh 314,000-share buyback

Bulletin Express04-16 20:44

Lianlian DigiTech Co., Ltd. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 16 April 2026, confirming the repurchase of 314,000 H shares on the same day.

• Transaction specifics – Venue: HKEX trading platform – Price range: HKD 6.05–6.15 per share – Volume-weighted average price: HKD 6.12 – Cash outlay: HKD 1.92 million – All repurchased shares are retained as treasury stock.

• Updated share capital – Issued shares (excluding treasury): trimmed to 440.11 million, down 0.07 percent from 440.42 million prior to the transaction. – Treasury shares: increased to 25.13 million, equivalent to approximately 5.40 percent of the 465.24 million total issued shares.

• Buyback mandate utilisation – Mandate authorised on 06 June 2025: 41.79 million shares. – Cumulative repurchases to date: 24.36 million shares, representing 58.29 percent of the mandate and 5.83 percent of the issued share base at the mandate date.

• Regulatory timetable – In accordance with Main Board Rule 10.06, the company is restricted from issuing new shares or disposing of treasury shares until 16 May 2026.

No shares repurchased under the current exercise are marked for cancellation at this stage, and all regulatory confirmations outlined in the filing have been met.

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