AK Medical trims float with 11.47 million-share buyback; latest HKD 6.31 million repurchase executed on 2 June

Bulletin Express
Jun 02

AK Medical Holdings Limited disclosed a Next Day Disclosure Return dated 2 June 2026, confirming that its issued share capital remains unchanged at 1.12 billion ordinary shares with no treasury shares outstanding.

Between 6 February and 2 June 2026, the company repurchased a total of 11.47 million shares that are awaiting cancellation, equal to 1.02 % of current issued shares. The repurchase prices ranged from HKD 5.84 to HKD 7.00 per share.

The most recent transaction, completed on 2 June 2026, involved 1.07 million shares bought on the Hong Kong Stock Exchange at HKD 5.88–5.91 per share, for a total consideration of HKD 6.31 million. All 1.07 million shares are designated for cancellation.

The buybacks are conducted under a mandate approved on 18 June 2025, which authorises the repurchase of up to 112.27 million shares. Cumulative repurchases now stand at 11.47 million shares, utilising 10.22 % of the mandate. In line with listing rules, AK Medical is subject to a moratorium on issuing new shares or transferring treasury shares until 2 July 2026.

The company confirms that all repurchase activities were duly authorised by the board and executed in compliance with Hong Kong Listing Rules and other applicable regulations.

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