China Mengniu Dairy repurchases shares, updates mandate status

China Mengniu Dairy Company Limited announced several share repurchases for cancellation in October 2025. On October 16, 2025, 1,000,000 shares were repurchased at HK$14.439. On October 17, 2025, an additional 1,200,000 shares were repurchased at HK$14.1408. Further repurchases occurred on October 20, 2025, involving 700,000 shares at HK$14.4877, and on October 21, 2025, where 500,000 shares were bought back at HK$14.5109. All these repurchased shares are earmarked for cancellation.

The repurchases on October 21, 2025, specifically saw 500,000 shares bought on the Exchange at a volume-weighted average price ranging from HK$14.46 to HK$14.55, totaling an aggregate price paid of HK$7,255,450. As of the closing balance date of October 21, 2025, the total issued shares remain at 3,893,202,513.

The company's repurchase mandate was granted on June 12, 2025, authorizing the repurchase of up to 391,204,051 shares. To date, 19,716,000 shares have been repurchased on the Exchange under this mandate, representing 0.504% of the issued shares as of the mandate's grant date. A moratorium period for new share issues or transfers of treasury shares after these repurchases is in effect until November 20, 2025.