China Hongqiao actively repurchases shares, nearing mandate limit
As of September 25, 2025, China Hongqiao Group Limited reported an opening balance of 9,529,147,252 ordinary shares. On September 25, 2025, the company repurchased 1m shares on the Exchange. These shares were bought at prices ranging from HK$24.64 to HK$25.82, with an aggregate price paid of HK$24,869,300.
This recent repurchase brings the total number of shares repurchased on the Exchange to 152,829,000 under the current mandate, representing 1.63% of the issued shares as of the resolution date of May 7, 2025. The company is authorized to repurchase a total of 935,986,800 shares under this mandate.
The closing balance of issued shares remained at 9,529,147,252 as of September 25, 2025. All 1m shares repurchased on September 25 are slated for cancellation, with no shares held as treasury stock from this specific transaction. The moratorium period for any new share issues or treasury share sales after these repurchases extends up to October 25, 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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