China Literature Limited (China Lit) continued its share repurchase programme on 11 June 2026, buying back 250,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 22.94 to HKD 23.64. The transaction cost HKD 5.80 million and the shares are earmarked for cancellation.
Including earlier market purchases on 4, 5, 8, 9 and 10 June, China Lit has acquired a cumulative 1.85 million shares in June, equivalent to 0.18% of the company’s 1.02 billion issued shares (excluding treasury shares) outstanding before the programme began. Based on the volume-weighted average prices disclosed for each trading day, total cash outflow for the six trading sessions amounts to approximately HKD 42.78 million.
Key metrics • Issued shares (as at 11 June 2026, before cancellation): 1.02 billion • Shares authorised for buyback under mandate (approved 2 June 2026): 102.15 million • Utilisation of mandate to date: 1.81% • Moratorium on new share issues and treasury-share sales: until 11 July 2026
All repurchases were executed on the Hong Kong Stock Exchange in accordance with Main Board Rule 10.06, and no changes have yet been made to the issued share count pending formal cancellation of the bought-back shares.
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