Lianlian DigiTech buys back 253,500 H shares on-market for HKD 1.07 million

Bulletin Express07-13

Lianlian DigiTech Co., Ltd. (H shares) disclosed a next-day return confirming the on-market repurchase of 253,500 H shares on 13 July 2026. The shares were bought at prices between HKD 4.15 and HKD 4.35, resulting in a weighted average cost of HKD 4.21 per share and an aggregate consideration of HKD 1.07 million.

Following the transaction, issued shares (excluding treasury shares) declined by 0.06% to 429.96 million, while treasury shares rose to 38.99 million. The company’s total issued share capital remains unchanged at 468.94 million.

The repurchases form part of the mandate approved on 5 June 2026, which authorises the company to buy back up to 43.60 million shares. Including the latest purchase, 6.80 million shares—equivalent to 1.56% of the share base on the mandate date—have been repurchased under this authority.

A moratorium on any new share issuance or sale/transfer of treasury shares is in effect until 12 August 2026, in line with Hong Kong Listing Rule 10.06(3)(a).

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