Chervon Holdings Limited disclosed that it repurchased 150,000 ordinary shares on 29 June 2026 via on-market transactions at prices between HK$16.42 and HK$16.83 per share, spending HK$2.51 million in aggregate. All shares are intended for cancellation.
Including this latest trade, Chervon has bought 1.85 million shares for cancellation since the current mandate was approved on 18 May 2026. The cumulative volume represents 0.36% of the company’s issued share capital on the mandate date and cost approximately HK$29.43 million, implying an average purchase price of roughly HK$15.92 per share.
Authorised capacity under the mandate stands at 51.11 million shares, leaving about 49.26 million shares—96% of the limit—still available for further repurchases.
Despite the ongoing buybacks, Chervon’s issued share capital remains unchanged at 511.05 million shares as of 29 June 2026 because the repurchased stock has yet to be cancelled. In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 29 July 2026.
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