AAC Technologies buys back shares, boosts treasury holdings

AAC Technologies Holdings Inc. (HKEX:2018) submitted its next day disclosure return on November 21, 2025, detailing a repurchase of its own ordinary shares. The company repurchased 300,000 shares on the exchange on November 21, 2025, at an aggregate price of HK$11,097,690. The repurchase price per share ranged from HK$36.72 to HK$37.26, with a volume-weighted average price of HK$36.9923. These repurchased shares were held as treasury shares, increasing the number of treasury shares from 26,699,000 to 26,999,000.

Following this transaction, the number of issued shares (excluding treasury shares) decreased by 300,000 to 1,171,501,000, representing a 0.0256% change from the opening balance. The total number of issued shares remained at 1,198,500,000. The repurchase was executed under a mandate granted on May 22, 2025, which authorized the company to repurchase up to 117,518,780 shares. To date, 3,686,500 shares have been repurchased under this mandate, accounting for 0.3137% of the issued shares (excluding treasury shares) at the time the mandate was granted.

The company also confirmed a moratorium period for issuing new shares or selling treasury shares until December 21, 2025. This move aligns with the company's capital management strategy, indicating a proactive approach to managing its share capital and potentially enhancing shareholder value.