Ningbo Joyson Electronic Corp. (JOYSON ELEC) reported a share buyback on 30 June 2026 under its Hong Kong listing disclosure rules.
The company repurchased 830,500 H-shares on the Stock Exchange of Hong Kong at prices between HKD 12.41 and HKD 12.99, equal to a volume-weighted average of HKD 12.71 per share. The cash outlay totaled HKD 10.56 million, and the repurchased shares are being held as treasury stock.
Before the transaction, issued shares excluding treasury stock stood at 151.95 million, with 3.16 million shares already in treasury. Following the buyback, issued shares outstanding fell to 151.11 million, while treasury stock rose to 3.99 million. The repurchased amount represents 0.55% of the company’s issued shares (excluding treasury shares) as of 29 June 2026. Total issued shares remain unchanged at 155.10 million.
The repurchase forms part of a mandate approved on 12 May 2026 that authorizes JOYSON ELEC to buy back up to 15.44 million shares. Cumulatively, 3.30 million shares—about 2.13% of the shares outstanding on the mandate date—have been repurchased under this authority. In accordance with Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 30 July 2026.
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