CHINA LIT adds 400,000-share buyback on 05 Jun 2026; total repurchases reach 800,000 shares under new mandate

Bulletin Express06-05 18:26

China Literature Limited (CHINA LIT) disclosed that it repurchased 400,000 ordinary shares on the Hong Kong Stock Exchange on 05 June 2026, paying between HKD 22.88 and HKD 23.18 per share for an aggregate consideration of HKD 9.22 million.

Including the 400,000 shares bought back on 04 June 2026 at an average HKD 22.95 per share (about HKD 9.18 million), the company has accumulated 800,000 shares pending cancellation since the 2026/27 repurchase mandate became effective on 02 June 2026.

The buybacks represent approximately 0.0784% of the company’s 1.02 billion issued shares. Because the shares have not yet been cancelled, the issued share capital remains at 1,021,476,227 shares.

Under the current mandate, CHINA LIT is authorised to repurchase up to 102.15 million shares. The 800,000 shares already acquired utilise roughly 0.78% of that limit. In line with Listing Rules, the company is subject to a moratorium on issuing new shares or transferring treasury shares until 05 July 2026.

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