AV Concept repurchases 4.80 million shares for HK$4.71 million; 37% of current mandate utilised

Bulletin Express
Jul 29

AV Concept Holdings Limited disclosed that on 29 July 2026 it bought back 4.80 million ordinary shares on the Hong Kong Stock Exchange at prices between HK$0.91 and HK$1.00 per share, for a total consideration of HK$4.71 million.

Including 0.20 million shares repurchased on 28 July 2026 at HK$1.00 each, the company now holds 5.00 million shares pending cancellation. The two-day total represents 0.57% of AV Concept’s 880.00 million issued shares.

The buy-backs form part of the authority granted on 5 September 2025, which permits repurchases of up to 90.87 million shares. After the latest transactions, cumulative repurchases under this mandate stand at 33.66 million shares, or 37.06% of the approved limit, leaving 57.20 million shares available for future buy-backs.

No shares have yet been cancelled, so the company’s issued share capital remains unchanged at 880.00 million shares. In line with Hong Kong listing rules, AV Concept is restricted from issuing new shares for 30 days following the latest repurchase, ending on 28 August 2026.

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