Ming Yuan Cloud Reports Ongoing Share Buy-Back; 50.45 Million Shares Await Cancellation

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Ming Yuan Cloud Group Holdings Limited released a Next Day Disclosure Return on 15 October 2026, confirming continued execution of its share repurchase programme and no new share issuance.

Key takeaways

1. Capital structure unchanged ‧ Issued shares (excluding treasury shares) stood at 1.88 billion both before and after the latest update. ‧ Treasury shares remained at 12.32 million, leaving total shares in issue at 1.89 billion.

2. Fresh repurchase on 15 October 2026 ‧ Shares bought: 0.50 million, equivalent to 0.03 % of the issued share base. ‧ Price range: HKD 0.78–0.795 per share. ‧ Cash outlay: HKD 0.40 million.

3. Cumulative repurchases pending cancellation ‧ From 17 December 2025 to 15 October 2026 the company repurchased 50.45 million shares that have yet to be cancelled. ‧ Estimated aggregate consideration: HKD 107.30 million, implying a volume-weighted average cost of about HKD 2.13 per share. ‧ The repurchase prices have trended lower, falling from above HKD 3.28 in early January 2026 to below HKD 0.80 in October 2026.

4. Utilisation of current mandate ‧ Shareholders authorised management on 20 May 2026 to buy back up to 191.24 million shares. ‧ As of 15 October 2026, 25.00 million shares (1.31 % of the then issued share capital) have been repurchased under this mandate. ‧ A 30-day moratorium on new share issues or treasury share sales is in force until 14 November 2026.

Implications for shareholders The latest filing signals Ming Yuan Cloud’s sustained commitment to share buy-backs, with a sizeable 50.45 million shares—2.68 % of current issued shares—awaiting formal cancellation. With roughly 13 % of the board-approved repurchase capacity already deployed, management retains scope for further market operations within the mandate period.

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