FilingReader Intelligence

China Hongqiao active in share repurchases, acquiring 0.74% of issued shares

August 26, 2025 at 11:59 PM UTCBy FilingReader AI

China Hongqiao Group Limited (HKEX:1378) filed its Next Day Disclosure Return on August 27, 2025, detailing its share repurchase activities. The company's total number of issued shares remains unchanged at 9.62bn.

The report highlights multiple share repurchases that have not yet been cancelled, occurring between August 18 and August 26, 2025. On August 26, 2025, the company repurchased 2.03m shares on the Exchange at a price of HK$24.62 per share, totaling HK$50.08m. Other significant repurchases include 13.03m shares on August 22, 2025, at HK$24.16 and 10.15m shares on August 18, 2025, at HK$23.09.

Collectively, the company has repurchased 69.17m shares on the Exchange under a mandate granted on May 7, 2025. This total represents 0.74% of the issued shares as of the mandate date. A moratorium period for new share issues or sales of treasury shares after repurchases extends until September 25, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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