MGM China repurchases HK$6.3m shares, further boosting buyback program
MGM China Holdings Limited, listed on the Hong Kong Stock Exchange (stock code: 02282), disclosed its latest Next Day Disclosure Return on November 7, 2025. The report detailed share repurchase activities, with the company repurchasing 400,000 ordinary shares on November 7, 2025, at prices ranging from HKD15.75 to HKD15.92. The aggregate price paid for these repurchases amounted to HKD6,327,588. These shares were repurchased On the Exchange and are intended for cancellation.
The recent repurchase follows similar activities earlier in the week, including 66,400 shares repurchased on November 5, 2025, at HKD15.471, and 400,000 shares on November 6, 2025, at HKD15.9253. The total number of shares repurchased for cancellation as of November 7, 2025, stands at 400,000. Following these events, the closing balance of issued shares (excluding treasury shares) for MGM China Holdings Limited remains at 3,801,523,101.
The company's board of directors authorized the repurchase mandate on May 22, 2025, permitting the repurchase of up to 380,100,285 shares. To date, MGM China has repurchased a total of 27,708,250 shares on the Exchange, representing 0.72897% of its issued shares as at the date of the resolution granting the repurchase mandate. The company confirmed that all repurchases were conducted in compliance with Main Board Rules.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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