HAIER SMARTHOME (06690.HK): Repurchases 4.55 Million H Shares
NewTimeSpace News: On 30 September 2026, Haier Smart Home Co., Ltd. (stock code: 06690.HK; A-share stock code: 600690.SH) announced progress on its repurchase of H shares (overseas-listed foreign shares). From the commencement date of the current repurchase, 9 September 2026, to 30 September 2026, the Company had repurchased an aggregate of 4,550,000 H shares, representing 0.049% of its total share capital, at a highest price of HK$21.20 per share and a lowest price of HK$19.58 per share, for an aggregate amount paid (including transaction costs) of HK$93,577,260.29. All such repurchased shares will be cancelled.
The announcement showed that on 24 June 2026, the Company's 2025 annual general meeting and the 2026 first A-share class meeting, the 2026 first D-share class meeting and the 2026 first H-share class meeting approved the resolution granting the Board a general mandate to decide on the repurchase of not more than 10% of the total number of issued H shares of the Company.
The repurchased H shares have not yet been cancelled, and the Company will disclose the changes in its shares upon completion of the cancellation.
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