AAC Technologies repurchases shares for HKD 9.08m

AAC Technologies Holdings Inc. (HKEX: 2018) disclosed today that it repurchased 201,500 of its shares on the Hong Kong Stock Exchange on March 3, 2025. The shares were repurchased at prices ranging from HKD 44.4 to HKD 45.9 per share, with the total cost amounting to HKD 9,083,781.2. These shares will be held as treasury shares. The repurchase took place under a mandate approved on May 23, 2024, authorizing the company to repurchase up to 119,850,000 shares. As of the date of the resolution, the repurchased shares represent approximately 0.7627% of the company's issued share capital. AAC Technologies faces a moratorium on issuing new shares or selling treasury shares until April 2, 2025.