Newborn Town Executes HKD 1.97 Million Share Buyback; Cumulative Repurchases Reach 3.25 Million Shares

Bulletin Express05-18 17:42

Newborn Town Inc. (Newborn Town) disclosed fresh share repurchase activity in its Next Day Disclosure Return filed on 18 May 2026 with the Hong Kong Stock Exchange.

Key takeaways

1. Latest buyback • Date: 18 May 2026 • Volume: 240,000 H shares (for cancellation) • Price range: HKD 8.02 – HKD 8.31 per share • Aggregate consideration: HKD 1.97 million

2. Share capital movement • Issued shares (excluding treasury shares) remained unchanged at 1,413.01 million between 15 May and 18 May 2026. • Treasury shares stood at 202,000 on both dates. • The 240,000 shares repurchased on 18 May, together with 2.78 million shares bought between 28 April and 15 May, have not yet been cancelled; they currently remain within the issued share count.

3. Cumulative repurchases under existing mandate • Mandate approval date: 21 May 2025 • Authorised limit: 141.10 million shares • Shares repurchased to date: 3.25 million, equal to 0.23 % of the company’s issued share base when the mandate was granted. • Remaining capacity under the mandate: approximately 137.85 million shares.

4. Post-buyback issuance restriction In line with Hong Kong Main Board Rule 10.06(3)(a), Newborn Town is restricted from issuing new shares or disposing of treasury shares until 17 June 2026 (30 days after the latest repurchase).

The company confirmed that all repurchases complied with Hong Kong Stock Exchange regulations and the terms of its previously published Explanatory Statement.

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