China Mengniu Dairy boosts confidence with share repurchases

China Mengniu Dairy Company Limited (02319) submitted its Next Day Disclosure Return on November 7, 2025, detailing significant share repurchase activities. The report indicates that as of the closing balance date, the total number of issued shares (excluding treasury shares) stood at 3,893,202,513. The company’s share repurchase mandate, granted on June 12, 2025, authorized the repurchase of 391,204,051 shares. To date, 25,416,000 shares have been repurchased on the Exchange, representing 0.65% of the issued shares as of the mandate date.

On November 7, 2025, China Mengniu Dairy repurchased 400,000 ordinary shares on the Exchange at prices ranging from HK$14.38 to HK$14.4 per share, with an aggregate price paid of HK$5,757,760. This single-day repurchase contributes to a cumulative 15 share repurchase events between October 16 and November 7, 2025, totaling 7,400,000 shares repurchased for cancellation but not yet cancelled.

Following these repurchases, the company has declared a moratorium period until December 7, 2025, for any new issues or sales/transfers of treasury shares. This strategy aligns with Main Board Rules and underscores the company's commitment to managing its share capital effectively.