Midea Group Co., Ltd. disclosed a Next Day Disclosure Return dated 10 July 2026, detailing the latest move under its on-market share buy-back programme on the Shenzhen Stock Exchange.
On 10 July 2026, the company repurchased 1,370,754 A shares, all of which were retained as treasury shares for potential future capital reduction. The purchases were executed within a price range of RMB 78.03 to RMB 79.25 per share, translating into a volume-weighted average cost of RMB 78.82 per share. The aggregate consideration amounted to approximately RMB 108.05 million.
Following the transaction, Midea Group’s issued share capital (excluding treasury shares) decreased from 6.803 billion to 6.803 billion shares, representing a marginal reduction of 0.020 per cent. Treasury stock increased correspondingly from 158.71 million to 160.09 million shares, while the company’s total issued shares remained unchanged at 6.96 billion.
The board confirmed that the repurchase complied with all applicable listing rules and regulatory requirements, and all repurchased shares are currently held as treasury shares pending any future cancellation or other corporate actions.
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