AV Concept Completes HK$1.92 Million On-Market Share Buyback, Boosts Treasury Stock to 19.50 Million Shares

Bulletin Express
Sep 11

AV Concept Holdings Limited reported the repurchase of 1.47 million ordinary shares on 11 September 2026, executed on the Hong Kong Stock Exchange under its existing buyback mandate. The shares were acquired within a price range of HK$1.285 to HK$1.325, translating into a volume-weighted average cost of HK$1.313 per share and an aggregate consideration of HK$1.92 million.

Following the transaction, the company’s issued share capital outstanding (excluding treasury shares) fell by 0.17% to 855.50 million shares, while treasury shares increased to 19.50 million. The total number of issued shares remained unchanged at 875.00 million, as the repurchased shares are being held in treasury rather than cancelled.

The buyback formed part of a shareholder mandate approved on 4 September 2026, which authorises AV Concept to repurchase up to 85.75 million shares. Cumulative repurchases under this mandate now stand at 2.00 million shares, equivalent to 0.23% of the company’s issued share capital on the mandate date.

In accordance with Hong Kong listing regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 11 October 2026.

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