China Mengniu Dairy repurchases HK$3.4m shares approaching mandate limit

China Mengniu Dairy Company Limited repurchased 200,000 shares on July 17 for HK$3.37 million at prices between HK$16.78 and HK$16.88 per share.

The repurchase is part of ongoing buybacks since May 30, with total shares repurchased for cancellation reaching 4.55 million, representing 0.116% of issued shares. The company's current mandate authorizes repurchases of up to 391.2 million shares.