Guoquan Food executes further H-share buyback, repurchases 5.31 million shares for HK$9.97 million; 31% of 2026 mandate now utilised

Bulletin Express
Jul 02

Guoquan Food (Shanghai) Co., Ltd. (Guoquan Food) reported a fresh on-market repurchase of 5.31 million H-shares on 2 July 2026 at prices ranging from HK$1.82 to HK$1.89 per share, for a total consideration of HK$9.97 million.

Including this latest transaction, Guoquan Food has repurchased a cumulative 81.54 million shares since its 29 April 2026 general mandate, equivalent to 3.11% of the company’s issued share capital on the mandate date. The mandate permits buybacks of up to 262.44 million shares, leaving approximately 180.90 million shares (about 68.9% of the mandate) still available for future repurchase.

As at the close of 2 July 2026, Guoquan Food’s issued share capital (excluding treasury shares) remained unchanged at 2.57 billion shares, while treasury shares totalled 176.10 million. Shares repurchased on 29 June (7.81 million), 30 June (15.24 million) and 2 July (5.31 million) are pending cancellation.

In accordance with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or transferring treasury shares until 1 August 2026.

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