China Mengniu Dairy repurchases shares, updates mandate status

China Mengniu Dairy Company Limited announced a Next Day Disclosure Return on September 30, 2025, detailing its share repurchase activities. The company repurchased 400,000 ordinary shares on the Exchange on September 30, 2025, at prices ranging from HK$14.86 to HK$15 per share, with an aggregate price paid of HK$5,979,640. These shares are designated for cancellation.

Including the latest repurchase, the company has repurchased a total of 13,716,000 shares on the Exchange under the current mandate. This represents 0.351% of the issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate, which was June 12, 2025. The total number of shares authorized for repurchase under this mandate is 391,204,051.

The disclosure also notes a series of share repurchases between August 28 and September 30, 2025, which are yet to be cancelled. These range from 118,000 to 1,000,000 shares on various dates, with prices varying from HK$14.3213 to HK$15.9229 per share. A moratorium period for any new share issues or sales/transfers of treasury shares after these repurchases is set until October 30, 2025.