Midea Group Issues 14.05 Million A-Shares via Option Exercises in July, Raises RMB 0.58 Billion

Bulletin Express
Aug 06

For the month ended 31 July 2026, Midea Group Co., Ltd. reported the following equity movements:

1. Registered Capital • Total authorised share capital remained unchanged at 7.63 billion shares (par value RMB 1.00 each). • H-share quota stayed at 650.85 million shares, while the authorised A-share quota rose by 14.05 million to 6.98 billion shares.

2. Issued Shares and Treasury Stock • H-shares: No movement; issued H-shares stood at 650.85 million, meeting Hong Kong’s 5% public-float requirement. • A-shares: Net issuance of 14.05 million new shares, lifting outstanding A-shares to 6.81 billion. Treasury A-shares increased by 18.71 million to 167.80 million, all held for incentive plans or potential capital reduction.

3. Stock Option Activity • 14.05 million A-shares were issued under the Ninth Stock Option Incentive Plan at an exercise price of RMB 41.44, generating RMB 0.58 billion in cash proceeds. • Outstanding, unexercised options now cover 14.80 million A-shares.

4. Convertible Bonds • Two zero-coupon guaranteed convertible bond tranches remain outstanding: – HKD 8.62 billion due 2027 (conversion price adjusted to HKD 91.82 per H-share). – HKD 8.62 billion due 2033 (conversion price adjusted to HKD 109.78 per H-share). • Full conversion of both tranches would add approximately 172.48 million H-shares.

5. Incentive and Ownership Schemes • Restricted Share Incentive Schemes hold 0.68 million locked A-shares; no further share issues are expected under these programmes. • Stock Ownership Schemes collectively hold 36.73 million A-shares, with no new share transfers planned.

The board confirmed that all equity transactions during the month complied with applicable listing rules and regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10