LIANLIAN spends HKD 0.77 million to repurchase 130,000 H shares; treasury stock rises to 27.57 million

Bulletin Express05-08 21:03

On 08 May 2026, Lianlian DigiTech Co., Ltd. (LIANLIAN) disclosed to the Hong Kong Stock Exchange that it bought back 130,000 H shares on-market, spending HKD 0.77 million in aggregate.

The shares were repurchased at prices ranging from HKD 5.77 to HKD 6.05, with a volume-weighted average of HKD 5.93. The transaction represented 0.0296% of LIANLIAN’s issued H shares (excluding treasury shares) prior to the buyback.

After settlement, the company’s capital structure is as follows: • Issued shares outstanding: 439.13 million (down from 439.26 million) • Treasury shares: 27.57 million (up from 27.44 million) • Total issued shares (including treasury shares): 466.71 million

Treasury shares now account for approximately 5.91% of total issued share capital.

Repurchases were executed under the mandate approved on 06 June 2025, which authorises the company to buy back up to 41.79 million shares. Including this latest transaction, LIANLIAN has repurchased 26.80 million shares—64.14% of the authorised limit.

In line with Main Board Rule 10.06(3), the company is subject to a moratorium on new share issues or sales of treasury shares until 07 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