Ming Yuan Cloud Group Holdings Limited disclosed a Next Day Disclosure Return on 14 July 2026 detailing its latest share buy-back activity and current share capital structure.
Key takeaways
1. Latest on-market repurchase • Date: 14 July 2026 • Volume: 1.00 million ordinary shares • Price range: HK$1.35–HK$1.37 (VWAP: HK$1.36) • Cash outlay: HK$1.36 million • Shares will be cancelled; a 30-day moratorium on new share issues or treasury share sales is effective until 13 August 2026.
2. Ongoing buy-back programme • Shareholders authorised a repurchase mandate for up to 191.24 million shares on 20 May 2026. • Cumulative repurchases under this mandate total 5.00 million shares, representing 0.26 % of the company’s issued share capital on the mandate date.
3. Shares awaiting cancellation • From 1 December 2025 to 14 July 2026, the company bought back 46.45 million shares that have not yet been cancelled. • Aggregate consideration: approximately HK$136.35 million, implying an average repurchase cost of about HK$2.93 per share. • These shares represent roughly 2.45 % of the current 1.90 billion issued shares (excluding 12.32 million treasury shares).
4. Share capital position (as at 14 July 2026) • Issued shares (excluding treasury shares): 1.90 billion • Treasury shares: 12.32 million • Total issued shares: 1.91 billion • No new shares were issued during the period; the issued-share figure is unchanged from the previous filing.
5. Regulatory compliance The board confirmed that all repurchases were conducted in accordance with Hong Kong Listing Rules, relevant laws and the shareholder-approved mandate. All funds due have been fully settled, and required filings and disclosures have been completed.
Comments