China Literature Limited (abbreviated as CHINA LIT) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 28 September 2026, detailing its latest share repurchase activity and the status of its issued capital.
Key Points • Latest transaction: On 28 September 2026 the company bought back 200,000 ordinary shares on the Exchange at prices ranging from HKD 19.04 to HKD 19.47 per share, for a total consideration of HKD 3.87 million. • September programme: Between 2 and 28 September, CHINA LIT repurchased 4.20 million shares that are earmarked for cancellation. The volume-weighted average purchase price over the period was approximately HKD 19.92 per share, implying an aggregate outlay of about HKD 83.68 million. • Capital impact: The 4.20 million shares pending cancellation represent roughly 0.41% of the company’s current issued share capital of 1.01 billion shares. As at 28 September, no shares had yet been cancelled, leaving the issued share count unchanged at 1.01 billion. • Mandate utilisation: Since receiving shareholder approval on 2 June 2026 to repurchase up to 102.15 million shares, the company has bought back 17.85 million shares, equivalent to 1.75% of the shares outstanding on the mandate date. • Issuance restriction: In line with Hong Kong listing rules, CHINA LIT is restricted from issuing new shares or transferring any treasury shares until 28 October 2026 (30 days after the latest repurchase).
The disclosure confirms all repurchases complied with Main Board requirements and that there have been no material changes to the 30 April 2026 Explanatory Statement filed with the Exchange.