Jiumaojiu executes further buyback; cumulative repurchases climb to 53.87 million shares

Bulletin Express05-20 19:43

Jiumaojiu International Holdings Limited disclosed on 20 May 2026 that it repurchased an additional 420,000 ordinary shares on the Hong Kong Stock Exchange at HK$1.56–HK$1.57 per share, spending HK$0.66 million. All shares bought back are intended for cancellation.

Including the latest transaction, the company has repurchased 53.87 million shares since the current mandate was approved on 6 June 2025, utilising 38.54 % of the 139.76 million-share limit. The cumulative buybacks represent 3.85 % of the issued share count as at the mandate date.

As of 20 May 2026, Jiumaojiu’s issued share capital remains unchanged at 1.39 billion shares, with the repurchased shares still pending formal cancellation. Under Hong Kong listing rules, the company is subject to a moratorium on issuing new shares until 19 June 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