AV Concept accelerates share buyback, repurchases 2.20 million shares on 17 April

Bulletin Express
Apr 17

AV Concept Holdings Limited disclosed a fresh on-market repurchase of 2.20 million ordinary shares on 17 April 2026, executed at HKD 0.57–0.58 per share for a total consideration of HKD 1.27 million. All shares bought will be cancelled, bringing the cumulative shares pending cancellation since 31 March to 3.10 million, or 0.34 % of the company’s 905.53 million issued shares.

Including earlier buybacks, AV Concept has repurchased 6.23 million shares under the mandate approved on 5 September 2025, representing 6.86 % of the 90.87 million shares authorised for repurchase. The company is subject to a 30-day moratorium on new share issues or treasury share disposals, effective until 17 May 2026.

Following the latest transaction, the number of issued shares remains unchanged at 905.53 million pending formal cancellation of the repurchased stock.

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