Xiaocaiyuan executes HKD 3.42 million on-market buyback, trims free float by 0.04%

Bulletin Express07-07 18:01

Xiaocaiyuan International Holding Ltd. repurchased 482,400 ordinary shares on 7 July 2026, paying an aggregate HKD 3.42 million. The shares were bought on the Hong Kong Stock Exchange at prices ranging from HKD 7.03 to HKD 7.12, with a volume-weighted average of HKD 7.09 per share.

Following the transaction, issued shares outstanding (excluding treasury stock) fell to 1.17 billion, down 0.04% from the previous day’s 1.17 billion. Treasury shares now stand at 9.20 million, while total issued shares remain unchanged at 1.18 billion, as the repurchased stock has been retained as treasury shares rather than cancelled.

The buyback forms part of the mandate approved on 20 April 2026, which authorises Xiaocaiyuan to repurchase up to 117.65 million shares. Including the latest transaction, 9.20 million shares—equivalent to 0.78% of the company’s issued share capital at the time the mandate was granted—have been repurchased under this authority.

Under Hong Kong listing rules, Xiaocaiyuan is restricted from issuing new shares or disposing of treasury shares until 6 August 2026, 30 days after the latest repurchase.

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