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MGM China increases issued shares, continues share buyback program

September 2, 2025 at 10:30 AM UTCBy FilingReader AI

MGM China Holdings Limited reported an increase in its issued shares and continued its share repurchase activities as of September 2, 2025. The company's issued shares, excluding treasury shares, rose by 30,000 to a total of 3,818,630,671. This increase resulted from the exercise of a share option scheme by an eligible person, with an issue price of HK$12.48 per share.

Concurrently, MGM China continued its share repurchase program, buying back 1,000,000 ordinary shares on the Exchange on September 2, 2025. The highest repurchase price per share was HK$16.07, and the lowest was HK$15.77, with an aggregate price paid of HK$15,900,060 for the day. These repurchased shares are for cancellation. Including this latest transaction, the total number of shares repurchased on the Exchange under the current mandate stands at 12,627,450.

The disclosure also detailed a cumulative 6,000,000 shares repurchased for cancellation between August 26 and September 2, 2025. The company confirmed that all repurchases were made in accordance with Main Board Rules.

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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