Want Want China Announces Cancellation of 38.9 Million Shares Following Recent Buyback Activity

Deep News
Sep 18

Want Want China (HKEX: 00151) has disclosed that it repurchased a total of 38,908,000 ordinary shares on the Hong Kong Stock Exchange between August 26 and September 14, 2026, with the cancellation of these shares taking effect on September 18, 2026. The buyback price per share ranged from HKD 2.8236 to HKD 3.3404.

Following the cancellation, the company's total issued shares (excluding treasury shares) dropped from 11,733,723,135 shares as of September 17, 2026, to 11,694,815,135 shares as of September 18, 2026.

Additionally, Want Want China repurchased another 9,720,000 shares between September 15 and September 18, 2026, which are intended for cancellation but had not yet been cancelled as of the end of the reporting period. These shares were bought back at prices ranging from HKD 2.8184 to HKD 2.8316 per share.

On September 18, 2026 alone, the company repurchased 3,500,000 shares at a maximum price of HKD 2.84 and a minimum of HKD 2.79 per share, with total consideration amounting to HKD 9,873,150.

The share buyback mandate was approved on August 25, 2026, allowing the issuer to repurchase up to 1,173,692,313 shares in total. As of the disclosure date, the company had repurchased 51,828,000 shares under this mandate, representing 0.4416% of the total issued shares (excluding treasury shares) as of the date the resolution was passed.

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