Mongolian Mining (00975) Repurchases 498,000 Shares for HK$5.23 Million, Equal to 0.048% of Share Capital

Bulletin Express
Mar 18

Mongolian Mining Corporation (HKEX: 00975) filed a Next Day Disclosure Return on 18 March 2026, confirming the on-market repurchase of 498,000 ordinary shares the same day.

The shares were bought back on the Hong Kong Stock Exchange at prices between HK$10.41 and HK$10.56 per share, for a total consideration of HK$5.23 million. The volume-weighted average price is approximately HK$10.51 per share. The repurchased shares represent 0.048 % of the company’s 1.04 billion issued shares outstanding before the transaction.

All 498,000 shares are earmarked for cancellation and, until cancelled, remain part of the issued share capital. Consequently, the issued share count stood unchanged at 1,036,972,786 shares as of 18 March 2026.

The buyback was executed under the general mandate approved on 26 May 2025, which authorises Mongolian Mining to repurchase up to 103.35 million shares. Including the latest transaction, the company has repurchased 4.86 million shares—0.4705 % of the outstanding shares on the mandate date—leaving roughly 98.49 million shares available for further repurchase.

In line with Hong Kong listing rules, the company is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, lasting until 17 April 2026.

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