Newborn Town Inc. (Newborn Town) filed a Next Day Disclosure Return for 20 May 2026, detailing the latest activity under its existing share-repurchase mandate.
Key transaction • Date: 20 May 2026 • Volume: 230,000 H-shares • Price range: HK$8.35 – HK$8.71 • Consideration: HK$1.97 million, implying an average cost of approximately HK$8.56 per share
Capital structure after the transaction • Issued shares (excluding treasury shares): 1.413 billion • Treasury shares on hand: 202,000 • No changes in the issued share count were recorded as the repurchased shares await formal cancellation.
Cumulative progress under 2025–26 mandate • General mandate granted: 21 May 2025, authorising repurchase of up to 141.10 million shares. • Total shares repurchased to date under the mandate: 3.72 million, representing 0.26 % of the company’s issued share capital at the mandate date. • All repurchased shares are intended for cancellation; none are held as treasury shares.
Ongoing repurchase pipeline (yet to be cancelled) Between 28 April and 20 May 2026, Newborn Town bought back 3.51 million shares across the market at daily volumes of 206,000–240,000 shares and prices ranging from HK$8.19 to HK$9.62. These shares remain outstanding pending cancellation.
Moratorium on new issues In line with Hong Kong Listing Rules, Newborn Town is restricted from issuing new shares or disposing of treasury shares until 19 June 2026, 30 days after the latest repurchase.
The company affirms that all buybacks have been executed in accordance with the Hong Kong Stock Exchange Listing Rules and the explanatory statement dated 28 April 2025.
Comments