China Hongqiao Cancels 92.38 Million Shares, Cutting Share Base by 0.93%

Bulletin Express

May 21

China Hongqiao Group Limited announced on 21 May 2026 that 92.38 million repurchased ordinary shares were cancelled on 20 May 2026. The cancelled shares had been bought back on the market between 6 May and 14 May 2026 at a volume-weighted average price of HKD 33.3364 per share, implying a total consideration of approximately HKD 3.08 billion.

Following the cancellation, the company’s issued share capital declined from 9.91 billion to 9.82 billion shares, representing a 0.93% reduction. China Hongqiao reported no outstanding treasury shares after the transaction, and there are no repurchased shares pending cancellation as of the close of 20 May 2026.

The share cancellation forms part of the group’s ongoing capital management activities disclosed under Hong Kong Stock Exchange Main Board Rule 13.25A.

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