China Mengniu Dairy completes significant share repurchases, reducing issued shares

China Mengniu Dairy Company Limited announced a substantial number of share repurchases and subsequent cancellations, primarily executed between August 28, 2025, and October 9, 2025. The company's opening balance of issued shares as of October 16, 2025, was 3,903,768,513 shares. Through 27 separate events, a total of 10,538,000 shares were repurchased and cancelled, resulting in a closing balance of 3,893,202,513 issued shares as of October 17, 2025. The repurchased shares' average prices ranged from HK$14.1956 to HK$15.9229.

The company also disclosed shares repurchased for cancellation but not yet cancelled. As of October 16, 2025, 1,000,000 shares (0.0256%) with an average price of HK$14.439 were in this category. An additional 1,200,000 shares (0.0307%) were repurchased for cancellation but not yet cancelled as of October 17, 2025, at an average price of HK$14.1408.

Further details from the repurchase report indicate that on October 17, 2025, 1,200,000 shares were repurchased on the Exchange, with the highest price per share being HK$14.25 and the lowest HK$14.07, totaling HK$16,968,960. The resolution granting the repurchase mandate was made on June 12, 2025, authorizing the repurchase of 391,204,051 shares. To date, 18,516,000 shares, representing 0.473% of the issued shares, have been repurchased. A moratorium period for new share issues or treasury share transfers after repurchases extends until November 16, 2025.