China Lit Maintains Share Count at 1.01 Billion; Repurchases Rise to 17.65 Million Shares under 2026 Mandate

Bulletin Express
Sep 25

China Literature Limited (China Lit) disclosed on 25 September 2026 that its total issued share capital remained unchanged at 1.01 billion ordinary shares as of the same date, despite an active on-market buy-back programme executed throughout September.

Key take-aways 1. Latest transaction: On 25 September 2026, China Lit repurchased 200,000 shares on the Hong Kong Stock Exchange at prices between HKD 18.94 and HKD 19.21, spending HKD 3.83 million. 2. September series: Including the latest deal, the company bought back 4.00 million shares between 2–25 September 2026. Based on the disclosed daily volume-weighted average prices, the aggregate consideration for these 4.00 million shares is approximately HKD 79.81 million, implying an average repurchase price of about HKD 19.95 per share. 3. Mandate utilisation: Since the current repurchase mandate was granted on 2 June 2026, China Lit has acquired 17.65 million shares, equivalent to 1.73 % of its issued shares at that time. The mandate allows up to 102.15 million shares to be bought back, leaving a remaining capacity of roughly 84.49 million shares. 4. Moratorium in force: In line with Hong Kong Listing Rules, the company is restricted from issuing new shares or transferring any treasury shares until 25 October 2026. 5. Capital structure: Post-transaction, the company’s issued share capital stands at 1,014.29 million shares. All 4.00 million shares repurchased during September are pending cancellation and therefore still form part of the issued share count as at 25 September 2026.

The disclosure confirms that all repurchases were conducted on the Stock Exchange of Hong Kong and complied with the company’s approved mandate and the relevant listing regulations.

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