China Feihe repurchases 18m shares, increasing treasury holdings

China Feihe Limited, an equity issuer, reported a repurchase of 18,000,000 ordinary shares on the Exchange on November 4, 2025. This transaction led to a decrease in its issued shares (excluding treasury shares) from 9,029,672,704 to 9,011,672,704. Concurrently, the number of treasury shares increased from 37,579,000 to 55,579,000. The repurchase represented 0.1993% of the existing number of issued shares before the event.

The shares were repurchased at prices ranging from HK$4.21 to HK$4.26, with an aggregate price paid of HK$76,108,430. The total number of issued shares remained constant at 9,067,251,704, reflecting the change in classification rather than a reduction in overall shares.

China Feihe's repurchase activity is within its mandate, which was granted on May 29, 2025, authorizing the repurchase of up to 906,725,170 shares. As of November 4, 2025, the company has repurchased 55,579,000 shares, representing 0.613% of the issued shares (excluding treasury shares) at the date the mandate was granted. The moratorium period for any new share issues or sales of treasury shares extends until December 4, 2025.