China Hongqiao active in share repurchases, buys back 36.65m shares
China Hongqiao Group Limited announced significant share repurchases totaling 36,650,000 ordinary shares on September 2, 2025. These repurchases were executed on the Exchange at prices ranging from HK$24.7 to HK$25.92, with an aggregate price paid of HK$941,685,100. Following these transactions, the total number of issued shares remains at 9,592,962,226.
The company's repurchase activities included several tranches of shares not yet cancelled, accumulated from August 26, 2025, to September 2, 2025. These include 2,034,000 shares repurchased on August 26, 10,574,500 shares on August 28, 8,923,500 shares on August 29, and 15,275,500 shares on September 1. The 36,650,000 shares repurchased on September 2 represent 0.38% of the existing issued shares before the event.
As of September 2, 2025, the total number of shares repurchased under the existing mandate is 140,595,500, representing 1.5% of the issued shares at the resolution date of May 7, 2025. The company is authorized to repurchase up to 935,986,800 shares under this mandate, with a moratorium period for new share issues or treasury share sales extending up to October 2, 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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