China Mengniu Dairy repurchases shares, signaling strategic capital management

China Mengniu Dairy Company Limited announced on September 10, 2025, that it has repurchased a total of 200,000 ordinary shares on the Exchange. The repurchases were made at prices ranging from HK$14.99 to HK$15.03, with an aggregate price paid of HK$3,002,860. These repurchases contribute to a cumulative total of 9,798,000 shares repurchased under the current mandate.

The company's latest repurchases on September 10, 2025, add to a series of buybacks, bringing the total number of shares repurchased for cancellation but not yet cancelled to 4,048,000 as of the closing balance date. This figure represents 0.1037% of the existing number of issued shares before the relevant event. The current repurchase mandate, granted on June 12, 2025, authorizes the company to repurchase up to 391,204,051 shares.

Following these transactions, the total number of issued shares remains unchanged at 3,903,768,513, as the repurchased shares are still awaiting cancellation. The company has also set a moratorium period for any issue of new shares or sale of treasury shares up to October 10, 2025.