China Mengniu Dairy continues share repurchases, reducing issued capital

China Mengniu Dairy Company Limited announced a series of share repurchases, totaling 300,000 ordinary shares on September 25, 2025, at prices ranging from HK$14.24 to HK$14.35 per share, with an aggregate price paid of HK$4,296,390. This single-day repurchase is part of a broader ongoing program, bringing the total number of shares repurchased for cancellation as of September 25, 2025, to 4,966,000 ordinary shares. These repurchases represent 0.1271% of the existing number of issued shares before the relevant event, underscoring the company’s commitment to capital management.

The company has been consistently repurchasing shares throughout August and September 2025, with transactions occurring on multiple dates. The total number of shares repurchased for cancellation on these dates ranges from 118,000 to 1,000,000 shares per day, at volume-weighted average prices between HK$14.3213 and HK$15.9229. These repurchases are made on the Exchange and align with the repurchase mandate granted on June 12, 2025.

As of September 25, 2025, the closing balance of total issued shares remains at 3,903,768,513. The total number of shares authorized for repurchase under the current mandate is 391,204,051, with 12,916,000 shares already repurchased, representing 0.33% of the issued shares as at the date of the mandate. The company has a moratorium period for any new share issues or treasury share sales until October 25, 2025.