AV Concept Holdings Repurchases 678,000 Shares, Treasury Stock Climbs to 17.50 Million

Bulletin Express
2 hours ago

AV Concept Holdings Limited disclosed on 1 September 2026 that it repurchased 678,000 ordinary shares on the Hong Kong Stock Exchange on the same date. The on-market transactions were executed within a price range of HKD 1.395–1.43, at a volume-weighted average cost of HKD 1.4171 per share, resulting in a total cash outlay of approximately HKD 0.96 million.

Following the buyback, the company’s issued share capital (excluding treasury shares) fell by 0.079 % to 857.50 million shares, while treasury shares rose to 17.50 million. The aggregate number of issued shares remains unchanged at 875.00 million.

The latest transaction forms part of the share-repurchase mandate approved on 5 September 2025, which authorises the company to reacquire up to 90.87 million shares. To date, 51.16 million shares—equivalent to 5.63 % of the shares outstanding on the mandate date—have been bought back under this authority.

In accordance with Hong Kong listing rules, AV Concept is now subject to a moratorium on issuing new shares or disposing of treasury shares until 1 October 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