FilingReader Intelligence

MGM China: Share issuance and buyback activities on September 1

September 1, 2025 at 10:32 AM UTCBy FilingReader AI

MGM China Holdings Limited reported an increase in its issued ordinary shares, rising from 3,818,570,671 to 3,818,600,671 on September 1, 2025. This 30,000-share issuance was executed at HK$12.48 per share due to the exercise of share options by an eligible person.

The company also disclosed several share repurchases for cancellation. On September 1, 2025, MGM China repurchased 1,000,000 shares at a volume-weighted average price of HK$15.9785, with the highest price being HK$16.08 and the lowest HK$15.87, totaling HK$15,978,480. This repurchase was part of an authorization granted on May 22, 2025, allowing for the repurchase of up to 380,100,285 shares.

In total, 11,627,450 shares have been repurchased on the Exchange under this mandate, representing 0.3059% of the issued shares as at the resolution date. Additional repurchases for cancellation were made on August 26, 27, 28, and 29, 2025, each for 1,000,000 shares at varying prices between HK$15.9533 and HK$16.1391.

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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