CHICMAX Buys Back 179,800 H Shares, Lifts Treasury Stock to 5.75 Million

Bulletin Express10-05

Shanghai Chicmax Cosmetic Co., Ltd. (CHICMAX) disclosed that it repurchased 179,800 H shares on 5 October 2026 through on-market transactions on the Hong Kong Stock Exchange. The buyback was executed at prices ranging from HKD 20.28 to HKD 21.84 per share, with a volume-weighted average cost of HKD 20.80, for a total outlay of HKD 3.74 million.

Following the transaction, CHICMAX’s outstanding share count (excluding treasury shares) declined by 0.09% to 200.78 million. Concurrently, treasury shares increased to 5.75 million, while the company’s total issued share capital remained unchanged at 206.52 million shares.

The purchases were made under the repurchase mandate approved on 8 May 2026, which authorises the company to buy back up to 20.64 million shares. Cumulative repurchases since the mandate now stand at 5.75 million shares, equivalent to 2.79% of the issued share base as at the mandate date.

In line with Hong Kong listing rules, CHICMAX is subject to a moratorium on issuing new shares or disposing of treasury shares until 4 November 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