China Literature Limited disclosed that it bought back 11,600 ordinary shares on 9 July 2026 via on-market transactions at prices between HKD 20.46 and HKD 20.50, spending HKD 0.24 million in aggregate. All repurchased shares are earmarked for cancellation. The company’s total issued share capital therefore remained unchanged at 1.02 billion shares as of 9 July 2026, pending formal cancellation of the repurchased stock.
Including this latest trade, China Literature has acquired 10.18 million shares between 4 June and 9 July 2026 that are “repurchased for cancellation but not yet cancelled.” The cumulative consideration for these purchases amounts to approximately HKD 209.61 million, implying an average buy-back price of about HKD 20.59 per share.
The ongoing programme is being executed under the general mandate approved by shareholders on 2 June 2026, which authorises the company to repurchase up to 102.15 million shares. To date, 10.18 million shares—equivalent to 0.997% of the issued share capital on the mandate date—have been bought back, leaving capacity for a further 91.97 million shares.
Under Hong Kong Stock Exchange rules, China Literature is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares following the 9 July repurchase, ending on 8 August 2026.
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