AV Concept trims outstanding shares by 3.13 million in March 2026 via buy-backs

Bulletin Express
Apr 08

AV Concept Holdings Limited disclosed in its March 2026 Monthly Return that it cancelled 3.13 million ordinary shares during the month, reducing its issued share capital to 905.53 million shares from 908.66 million at end-February. The cancellation stemmed from on-market repurchases executed at an average price of HKD0.3876 per share, implying a cash outlay of approximately HKD1.21 million.

The share cancellation represents a 0.34% contraction in the company’s share base. A further 0.72 million shares, repurchased earlier at HKD0.4475 each, remain pending cancellation.

Authorised capital was unchanged at 2.00 billion shares with a par value of HKD0.10, equivalent to authorised share capital of HKD200.00 million. The company confirmed that its public float continued to meet the Main Board’s minimum 25% requirement as of 31 March 2026.

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