MGM China announces share buyback and option exercise

MGM China Holdings Limited reported an increase in its total issued shares on December 1, 2025, following the exercise of a share option scheme. This event led to the issuance of 50,000 new ordinary shares at an issue price of HK$14.292 per share. This issuance represents 0.00132% of the existing number of issued shares before the event, bringing the total number of issued shares to 3,800,481,251.

Concurrently, the company repurchased 380,000 of its ordinary shares on the Exchange on December 1, 2025. The shares were repurchased at a volume-weighted average price of HK$16.5122, with the highest price paid being HK$16.59 and the lowest HK$16.44. The aggregate price paid for these repurchased shares amounted to HK$6,274,644. These repurchased shares are intended for cancellation, and as of the closing balance date, they had not yet been cancelled.

The company has a standing mandate, approved on May 22, 2025, to repurchase up to 380,100,285 shares. The 29,430,650 shares repurchased to date on the Exchange or another stock exchange represent 0.77429% of the issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate. No repurchased shares are currently held as treasury shares.