Jinxun Resource repurchases 56,000 H-shares for HK$0.72 million, reducing free float by 0.13%

Bulletin Express
Jul 15

On 15 July 2026, Yunnan Jinxun Resources Co., Ltd. (Jinxun Resource) submitted a Next Day Disclosure Return revealing an on-market buyback of 56,000 H-shares on the Hong Kong Stock Exchange.

The shares were repurchased at prices between HK$12.75 and HK$12.99, with a volume-weighted average price of HK$12.92, for a total consideration of HK$0.72 million.

Following the transaction: • Issued shares outstanding (excluding treasury stock) declined from 42.20 million to 42.15 million, representing a 0.13% reduction. • Treasury shares rose from 76,000 to 132,000. • Total issued shares remained unchanged at 42.28 million.

The buyback forms part of a mandate approved on 18 May 2026 authorising repurchases of up to 4.23 million shares. To date, 132,000 shares—equal to 0.31% of the company’s share capital at the mandate date—have been repurchased under this authorisation. In accordance with listing rules, Jinxun Resource is subject to a moratorium on new share issues or treasury-share disposals until 14 August 2026.

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