FilingReader Intelligence

China Hongqiao discloses recent share repurchases, with over HK$13m spent September 23

September 23, 2025 at 11:59 PM UTCBy FilingReader AI

China Hongqiao Group Limited reported share repurchases across multiple dates in September 2025, totaling 512,500 ordinary shares on September 23, 2025 alone. These repurchases were executed on the Exchange at prices ranging from HK$24.94 to HK$26. The aggregate price paid for the shares repurchased on September 23, 2025 amounted to HK$13,009,197.5.

The company's latest disclosure shows an unchanged total of 9,529,147,252 issued ordinary shares as of September 23, 2025. This reflects that the repurchased shares have not yet been cancelled, aligning with disclosure requirements for shares redeemed or repurchased but not yet cancelled. The resolution granting the repurchase mandate was approved on May 7, 2025, authorizing the repurchase of up to 935,986,800 shares.

Cumulatively, the total number of shares repurchased on the Exchange under the current mandate stands at 151,529,000, representing 1.62% of the issued shares as at the resolution date. The moratorium period for any new share issue or sale of treasury shares after these repurchases extends up to October 23, 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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