AAC Technologies repurchases shares on HKEX

AAC Technologies Holdings Inc. (HKEX: 2018) disclosed that it repurchased 10,000 ordinary shares on the Hong Kong Stock Exchange (HKEX) on March 12, 2025. The shares were bought back at prices ranging from HKD 51.05 to HKD 52.55 per share, with an aggregate price paid of HKD 517,375. The company stated that the repurchases were in accordance with Main Board Rules. Following the repurchase, the company's total number of issued shares stands at 1,198,500,000, with 9,593,000 shares held as treasury shares. The repurchase was authorized by a resolution passed on May 23, 2024, allowing the company to repurchase up to 119,850,000 shares, representing 80.04% of the issued shares as of that date. The company is restricted from issuing new shares or selling treasury shares until April 11, 2025.