CaoCao Inc. Buys Back 170,000 Shares, Trimming Free Float by 0.03%

Bulletin Express
Sep 11

CaoCao Inc. (HKEX: 02643) disclosed that it repurchased 170,000 ordinary shares on 11 September 2026 via on-exchange transactions.

The buyback was executed within a price range of HKD 11.85 to HKD 12.59 per share, translating into a volume-weighted average cost of roughly HKD 12.32. The total cash outlay amounted to HKD 2.09 million.

Following the transaction: • Issued shares (excluding treasury shares) decreased to 580.51 million from 580.68 million, a 0.03% reduction. • Treasury share holdings rose to 5.84 million. • Total issued shares remained unchanged at 586.35 million, as the repurchased shares are being held in treasury.

The purchase was made under the repurchase mandate granted by shareholders on 8 June 2026, which allows for up to 58.30 million shares to be bought back. Cumulative repurchases under this mandate now stand at 5.18 million shares, equivalent to 0.89% of the company’s issued share capital on the mandate date.

In accordance with Hong Kong listing rules, CaoCao is subject to a moratorium on issuing new shares or disposing of treasury shares until 11 October 2026. The board confirmed that all regulatory requirements and procedural formalities for the share repurchase were duly observed.

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