AV Concept Holdings Limited reported a repurchase of 322,000 ordinary shares on 31 August 2026, according to its latest Next Day Disclosure Return filed with the Hong Kong Stock Exchange.
The on-market purchase, executed at prices between HK$1.35 and HK$1.355 per share and averaging HK$1.3534, totalled HK$0.44 million. The transaction reduced the company’s outstanding share count (excluding treasury shares) by 0.0375% to 858.18 million.
Concurrent with the repurchase, treasury shares increased from 16.50 million to 16.82 million, while the company’s total issued share capital remained unchanged at 875.00 million shares, as the repurchased stock is being held in treasury.
The buyback was made under the mandate approved on 5 September 2025, which authorises the repurchase of up to 90.87 million shares. To date, AV Concept has repurchased 50.48 million shares under this mandate, equivalent to 5.56% of the shares outstanding at the mandate’s approval date.
Following the latest transaction, the company is restricted from issuing new shares or disposing of treasury shares until 30 September 2026, in line with Hong Kong listing rules governing post-repurchase activities.