GWMOTOR Repurchases 1.29 Million H-Shares, Outstanding Share Count Edges Down 0.06%

Bulletin Express
Sep 02

Great Wall Motor Company Limited (GWMOTOR) disclosed a share buyback of 1.29 million H-shares on 2 September 2026 via on-market transactions on the Hong Kong Stock Exchange. The repurchased shares were acquired at prices ranging from HKD 7.70 to HKD 7.75, with a volume-weighted average cost of HKD 7.72 per share, bringing total cash outlay to HKD 9.92 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell from 2.305 billion to 2.305 billion, a marginal decrease of 0.06%. Treasury shares increased from 12.82 million to 14.10 million, while total issued shares—including treasury stock—remained unchanged at 2.31878 billion.

The repurchase forms part of the mandate approved by shareholders on 26 June 2026, which authorizes GWMOTOR to buy back up to 230.77 million shares. Cumulative repurchases under this mandate now stand at 14.10 million shares, representing 0.61% of the company’s issued share capital at the mandate date.

Under Hong Kong Stock Exchange rules, the latest repurchase triggers a 30-day moratorium—until 2 October 2026—during which GWMOTOR may not issue new shares or dispose of treasury shares without prior exchange approval.

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