China Mengniu Dairy repurchases shares, issued capital remains stable

China Mengniu Dairy Company Limited announced a series of share repurchases between October 16, 2025, and November 18, 2025. On November 18, 2025, the company repurchased 200,000 ordinary shares on the Exchange at a highest price of HK$14.84 per share, totaling HK$2,968,000 for the day's transactions. The total number of shares repurchased on the Exchange under the mandate now stands at 26,016,000.

Despite these repurchases, the company's issued share capital remained stable. As of November 18, 2025, the closing balance of issued shares (excluding treasury shares) was 3,893,202,513, unchanged from the opening balance on November 17, 2025. All repurchased shares are currently held for cancellation, awaiting the official cancellation process after the closing balance date.

The share repurchase mandate, granted on June 12, 2025, authorized the company to repurchase up to 391,204,051 shares. The repurchased shares as of November 18, 2025, represent 0.665% of the issued shares (excluding treasury shares) at the time of the mandate. A moratorium period for new share issues or sales of treasury shares after these repurchases is in effect until December 18, 2025.