China Mengniu Dairy continues share repurchases, reducing issued capital

China Mengniu Dairy Limited disclosed share repurchases totaling 700,000 ordinary shares on September 3, 2025, through the Exchange. These shares were repurchased at prices ranging from HK$14.87 to HK$14.95, with an aggregate price paid of HK$10,433,920. This recent activity follows a series of repurchases earlier in the week, including 1,000,000 shares on September 2, 2025 (HK$14.9742), 500,000 shares on September 1, 2025 (HK$15.1625), 228,000 shares on August 29, 2025 (HK$15.2778), and 300,000 shares on August 28, 2025 (HK$15.9229).

The repurchased shares are intended for cancellation, maintaining the company's total issued shares (excluding treasury shares) at 3,903,768,513 as of September 3, 2025. The company's current repurchase mandate, granted on June 12, 2025, authorized the repurchase of up to 391,204,051 shares. To date, 8,478,000 shares have been repurchased under this mandate, representing 0.217% of the issued shares at the time of the resolution.

The company has confirmed that the repurchases comply with Main Board Rules and that no material changes have occurred since the Explanatory Statement dated April 29, 2025.