Midea Group trims outstanding A-shares by 0.01% after 1.23 million-share buyback; 0.31 million new shares issued via option exercises

Bulletin Express06-02 18:43

Midea Group Co., Ltd. reported simultaneous share repurchase and option-exercise activities on 1 June 2026, leading to a marginal reduction in its outstanding share count and a modest increase in treasury stock.

Share repurchase • Volume: 1.23 million A-shares, equivalent to 0.0180 % of the 6.84 billion shares outstanding before the transaction. • Transaction venue: Shenzhen Stock Exchange. • Price range: RMB 80.45–81.95 per share; volume-weighted average price: RMB 81.17. • Aggregate consideration: RMB 99.92 million. • Treatment: all repurchased shares will be retained as treasury stock for the company’s stock incentive and ownership schemes.

Option exercises • Eighth Stock Option Incentive Plan: 211,455 new A-shares issued at RMB 70.29 per share. • Ninth Stock Option Incentive Plan: 99,840 new A-shares issued at RMB 45.16 per share. • Combined issuance: 311,295 shares, expanding the share base by 0.0046 %.

Resulting share capital (as of 1 June 2026) • Issued shares (excluding treasury): 6.84 billion, down by 0.92 million from the prior balance. • Treasury shares: 124.62 million, up by 1.23 million. • Total issued shares (including treasury): 6.96 billion.

The board confirmed that all actions were duly authorised and complied with relevant regulations of the Shenzhen and Hong Kong stock exchanges.

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