JOYSON ELEC spends HK$1.48 million to repurchase 80,000 H-shares, trimming free float by 0.05%

Bulletin Express05-26

JOYSON ELEC (Ningbo Joyson Electronic Corp.; HKEX: 00699) disclosed a share buyback executed on 26 May 2026. The company repurchased 80,000 H-shares on the Hong Kong Stock Exchange, representing 0.05% of its issued share capital (excluding treasury shares) prior to the transaction.

The shares were bought within a price range of HK$18.37 to HK$18.58, resulting in a volume-weighted average cost of HK$18.45 per share and an aggregate cash outlay of HK$1.48 million. All repurchased shares have been retained as treasury shares; none have been cancelled to date.

Following the purchase, the company’s outstanding share count (excluding treasury shares) declined from 153.36 million to 153.28 million, while treasury shares rose to 1.83 million. Total issued shares remain at 155.10 million.

The transaction forms part of the repurchase mandate approved by shareholders on 12 May 2026, which authorises JOYSON ELEC to buy back up to 15.44 million shares. Cumulative repurchases under this mandate now stand at 1.14 million shares, or 0.74% of the issued share base at the mandate date, leaving considerable headroom for further buybacks.

In line with Hong Kong listing regulations, the company is subject to a moratorium on issuing, selling or transferring treasury shares until 25 June 2026. JOYSON ELEC has confirmed that the repurchase complied with all applicable regulatory requirements.

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