Midea Group Adjusts Share Capital: Buys Back 0.97 Million A-Shares, Issues 1.53 Million via Option Exercise

Bulletin Express07-16 17:42

Midea Group Co., Ltd. disclosed two capital-structure moves dated 16 July 2026.

• Share repurchase: The company bought back 0.97 million A-shares on the Shenzhen Stock Exchange for treasury purposes, equal to 0.0143 % of its outstanding share count before the transaction. The purchases were executed in a price range of RMB 81.81–83.34 per share, at a volume-weighted average cost of RMB 82.12, for an aggregate outlay of RMB 80.06 million. The repurchased shares will be held in treasury for a future capital reduction.

• Share issuance: Concurrently, 1.53 million new A-shares (0.0225 % of pre-event outstanding shares) were issued upon exercise of options granted under the company’s Ninth Stock Option Incentive Plan at an exercise price of RMB 41.44 per share.

Net impact: After both actions, issued shares (ex-treasury) rose by 556,707 to 6.805 billion, while treasury shares increased to 163.90 million. Total shares in issue, including treasury shares, now stand at 6.969 billion.

The board confirmed that all procedures complied with applicable listing rules and regulatory requirements, and funds due from the share issuance have been fully received.

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