Xiao Noodles (officially Guangzhou Xiao Noodles Catering Management Co., Ltd.) disclosed that it repurchased 99,500 H-shares on 12 October 2026 at prices between HKD4.09 and HKD4.135 per share, for a total consideration of HKD0.41 million. The shares are scheduled for cancellation.
Including this latest tranche, the company now holds 22.68 million H-shares repurchased but not yet cancelled, equivalent to approximately 3.19% of its 710.69 million issued shares outstanding as at 12 October 2026. No treasury shares are held.
Repurchase mandates and execution: • Initial mandate (approved 26 Jan 2026): 17.32 million H-shares were bought from 3 Feb to 24 Jun 2026 at a volume-weighted average price of HKD4.30 per share; none have yet been cancelled. • Current mandate (approved 25 Jun 2026): Authorises up to 71.07 million shares (10% of shares in issue at mandate date). To date, 5.36 million shares (0.75% of issued shares at mandate date) have been repurchased on the Hong Kong Stock Exchange under this authority.
Share capital position: • Opening and closing balance (9 Oct – 12 Oct 2026): 710.69 million issued H-shares; no movement in issued share count during the period. • All repurchased shares remain outstanding until formal cancellation, after which the share base will reduce accordingly.
Post-repurchase restrictions: • In accordance with Hong Kong listing rules, Xiao Noodles is subject to a 30-day moratorium on issuing new shares following the 12 October repurchase, ending on 11 November 2026.
Over the entire buy-back programme, prices have ranged from HKD3.06 to HKD4.30 per share, reflecting management’s ongoing utilisation of share repurchases as an element of its capital management strategy.