Minieye buys back 0.66 million H shares for HKD 6.61 million; outstanding share count falls to 322.84 million

Bulletin Express04-02

Minieye Technology Co., Ltd. disclosed that on 2 April 2026 it repurchased 662,600 H shares on the Hong Kong Stock Exchange at prices ranging from HKD 9.86 to HKD 9.99 per share, for a total consideration of HKD 6.61 million. The volume-weighted average price was HKD 9.97 per share.

Following the transaction, issued shares (excluding treasury shares) decreased by 0.20% to 322.84 million, while treasury shares rose to 8.35 million. The total issued share capital remains unchanged at 331.18 million shares.

The buyback was executed under the general repurchase mandate approved on 23 May 2025, which authorises the company to repurchase up to 31.04 million shares. Cumulative purchases under this mandate now total 8.35 million shares, representing 2.69% of the company’s issued shares on the mandate’s approval date.

In accordance with Hong Kong listing rules, Minieye is subject to a moratorium on issuing new shares or disposing of treasury shares until 2 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment