Chery Auto Repurchases 215,800 H Shares for HK$5.00 Million at Average HK$23.18 Each

Bulletin Express
Sep 29

Chery Automobile Co., Ltd. (Chery Auto) reported the on-market repurchase of 215,800 H shares on 29 September 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The shares were bought back on the Exchange at prices ranging from HK$23.12 to HK$23.20, resulting in a volume-weighted average cost of HK$23.18 per share. The total consideration amounted to HK$5.00 million.

Following the transaction, Chery Auto’s issued share capital (excluding treasury shares) fell by 0.0092% to 2.35 billion shares, while an equivalent 215,800 shares were transferred to treasury. The company’s total issued share count remains unchanged at 2.35 billion shares.

The buyback was executed under the repurchase mandate approved by shareholders on 20 May 2026, which authorises the company to repurchase up to 235.48 million shares. Including the latest transaction, Chery Auto has utilised just 0.0092% of this mandate. Under Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 29 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