AV Concept repurchases 164,000 shares; treasury stock rises to 3.32 million

Bulletin Express
Aug 12

AV Concept Holdings Limited disclosed that it bought back 164,000 ordinary shares on 12 August 2026 via on-exchange transactions at prices between HKD 1.24 and HKD 1.25 per share, for a total consideration of HKD 0.20 million. The volume-weighted average repurchase price was approximately HKD 1.2471.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell 0.02% to 871.68 million shares, while treasury shares increased to 3.32 million. The total issued share count remains unchanged at 875.00 million shares.

The buy-back was executed under a mandate approved on 5 September 2025, which authorises repurchases of up to 90.87 million shares. Cumulative repurchases under this mandate now stand at 36.99 million shares, representing 4.07% of the issued share base at the mandate date, leaving a capacity of about 53.88 million shares.

Under Hong Kong Listing Rules, AV Concept is restricted from issuing new shares or disposing of treasury shares until 11 September 2026, 30 days after the latest repurchase.

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