NEWBORNTOWN (09911.HK): cancels 3.276 mln repurchased shares
NEWBORNTOWN (09911.HK) cancelled 3,276,000 shares bought back for about HKD 29.8 million, cutting issued shares to 1,392,120,391 with sufficient public float.
Key Highlights:
- The mandate allows repurchases of up to 141,300,639 shares, or 10% of issued shares excluding treasury shares at the AGM date.
- The company bought back 3,276,000 shares between 2 and 30 October 2026 for about HKD 29.8 million excluding costs.
NewTimeSpace News: On 5 November 2026, Newborn Town Inc. (stock code: 09911) said that under a mandate granted at its 2026 AGM, it could buy back up to 141,300,639 shares, or 10% of total issued shares (excluding treasury shares) at the AGM date. Under the mandate, it repurchased shares on-market multiple times between 2 and 30 October 2026, totalling 3,276,000 shares for about HKD 29.8 million excluding costs.
The shares were cancelled on 5 November 2026, cutting total issued shares from 1,395,396,391 to 1,392,120,391, with the minimum public float still met.
