CHICMAX Buys Back 174,400 H-Shares for HKD 3.69 Million; Treasury Stock Expands to 4.86 Million Shares

Bulletin Express09-29

Shanghai Chicmax Cosmetic Co., Ltd. (CHICMAX) disclosed a next-day return confirming the on-market repurchase of 174,400 H-shares on 29 September 2026.

The shares were bought on the Hong Kong Stock Exchange at prices ranging from HKD 20.82 to HKD 21.38, yielding a volume-weighted average cost of HKD 21.14 per share and an aggregate consideration of HKD 3.69 million.

Key post-transaction metrics: • Issued shares outstanding (excluding treasury stock) decreased by 0.09% to 201.67 million. • Treasury shares rose by the same amount to 4.86 million, keeping total issued shares unchanged at 206.52 million. • The buyback represents 0.086% of the company’s outstanding H-shares.

Repurchase authority and capacity: • The current mandate, approved on 8 May 2026, allows CHICMAX to repurchase up to 20.64 million shares. • Cumulative repurchases under this mandate now total 4.86 million shares, equivalent to 23.55% of the authorised limit and 2.35% of the company’s share capital on the mandate date.

Regulatory considerations: • The company confirmed compliance with all Hong Kong Listing Rules and relevant legal requirements. • A 30-day moratorium on new share issues or sales of treasury shares is in effect until 29 October 2026 following the latest repurchase.

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