Midea Group Co., Ltd. disclosed on 28 October 2026 that it repurchased 1.17 million A-shares on the Shenzhen Stock Exchange on the same day, pursuant to its ongoing share‐buyback programme.
The shares were acquired at prices ranging between RMB 85.02 and RMB 86.34, translating into a volume-weighted average price of approximately RMB 85.91 per share. The aggregate consideration amounted to roughly RMB 100.58 million.
Following the transaction, Midea’s issued share capital (excluding treasury shares) fell marginally by 0.0173% to 6.771 billion shares, down from 6.772 billion. The company’s treasury stock position increased from 207.03 million to 208.20 million shares, while total issued shares outstanding, including treasury shares, remained unchanged at 6.98 billion.
The repurchased shares have been earmarked for future cancellation, and no shares have yet been cancelled. Midea confirmed that the buyback was executed in accordance with Shenzhen Stock Exchange regulations and that all requisite board approvals and regulatory requirements were satisfied.
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