Mengniu Dairy boosts repurchase to 27.6m shares, expands activity.

China Mengniu Dairy Company Limited has continued its share repurchase program, with a series of transactions from October 16, 2025, to November 28, 2025. The company disclosed multiple repurchases, totaling 5,800,000 shares for cancellation, between October 16 and October 31, at an average cost of HK$14.2882 per share. Following this, an additional 2,400,000 shares were repurchased for cancellation between November 3 and November 21 at an average cost of HK$14.5074 per share.

More recently, China Mengniu Dairy repurchased 200,000 shares on November 24, 2025, at an aggregate price of HK$2,926,900, with prices ranging from HK$14.57 to HK$14.73. On November 25, 2025, another 200,000 shares were repurchased for HK$2,909,840, at prices between HK$14.52 and HK$14.57. Further repurchases occurred on November 26, 2025, with 200,000 shares acquired for HK$2,950,660 (HK$14.70 to HK$14.78), and on November 27, 2025, 200,000 shares were bought for HK$2,998,220 (HK$14.96 to HK$15.04). The latest disclosure on November 28, 2025, detailed the repurchase of 200,000 shares for HK$3,005,120, at prices ranging from HK$15.02 to HK$15.03.

As of the latest filing, the total number of shares repurchased on the Exchange or another stock exchange under the current mandate stands at 27,616,000 shares, representing 0.706% of the issued shares at the time of the resolution on June 12, 2025. The company's total authorized repurchase under the mandate is 391,204,051 shares. These shares are intended for cancellation, and the moratorium period for any new issue of shares or treasury share transfers extends to December 28, 2025.