China Hongqiao reduces issued shares following buybacks

China Hongqiao Group Limited, an equity issuer listed on the Hong Kong Stock Exchange, submitted a Next Day Disclosure Return on September 5, 2025. The report details a reduction in the total number of issued shares from 9,592,962,226 to 9,571,430,226. This change is primarily due to the cancellation of 21,532,000 repurchased ordinary shares on September 4, 2025, at a volume-weighted average price of HK$25.225 per share, representing a 0.22% change from the previous total.

The company also disclosed ongoing share repurchases that have not yet been cancelled. As of September 4, 2025, a total of 55,873,000 shares had been repurchased across four separate events between September 1 and September 4, 2025, at varying prices from HK$25.66 to HK$23.9022 per share.

The latest repurchase on September 4, 2025, involved 3,496,000 shares acquired on the Exchange, with prices ranging from HK$23.58 to HK$25, totaling an aggregate price paid of HK$83,562,091.2. The resolution granting the repurchase mandate was passed on May 7, 2025, authorizing the repurchase of up to 935,986,800 shares. To date, 144,543,000 shares, representing 1.54% of the issued shares at the resolution date, have been repurchased under this mandate.