C-MER Medical Holdings Limited disclosed a next-day return for 9 July 2026 detailing an on-market repurchase of 320,000 ordinary shares. Key points are as follows:
• Transaction details: The shares were bought back on 9 July 2026 at prices ranging from HK$0.95 to HK$0.98, with a volume-weighted cost of approximately HK$0.31 million.
• Impact on share capital: – Issued shares (excluding treasury shares) decreased from 1.211 billion to 1.211 billion, trimming the outstanding total by 0.03 %. – Treasury shares increased from 21.28 million to 21.60 million. – Total issued shares, including treasury stock, remained at 1.232 billion.
• Repurchase mandate utilisation: – The current buyback represents 0.03 % of the 1.23 billion shares authorised for repurchase under the mandate approved on 20 May 2026, which permits up to 123.23 million shares.
• Post-repurchase restrictions: In line with Hong Kong Stock Exchange rules, C-MER Medical is subject to a moratorium on issuing new shares or disposing of treasury shares until 8 August 2026.
The company confirmed that the repurchase complied with Main Board Rule 10.06 and that no repurchased shares have been cancelled; all 320,000 shares are held as treasury shares.
Comments