Newborn Town Inc. Cancels Repurchased Shares: Key Developments for Investors
Overview
Newborn Town Inc. (Stock Code: 9911), a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, has announced the cancellation of all shares it repurchased during the period from 27 April 2026 to 29 May 2026. This voluntary announcement provides critical updates for shareholders and potential investors regarding the company’s share capital structure and future repurchase plans.
Key Points in the Report
- Repurchase Mandate: The Board of Directors was granted authority at both the 2025 and 2026 Annual General Meetings to repurchase up to 10% of the company’s issued shares (excluding treasury shares).
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Share Repurchases:
- Between 27 April 2026 and 21 May 2026, the company repurchased 3,946,000 shares (including 202,000 held as treasury shares) for approximately HK\$35.48 million (excluding transaction costs).
- From 22 May 2026 to 29 May 2026, an additional 1,228,000 shares were repurchased for approximately HK\$9.84 million (excluding transaction costs).
- Total repurchased shares during this period: 5,174,000 (including treasury shares).
- Cancellation of Shares: All 5,174,000 repurchased shares (including treasury shares) were cancelled on 4 June 2026. The company now holds no treasury shares.
- Change in Share Capital: The total issued shares decreased from 1,413,208,391 shares (including treasury shares) to 1,408,034,391 shares after cancellation.
- Compliance: The company confirms continued compliance with the minimum public float requirement under the Hong Kong Listing Rules.
- Potential Impact: The Board believes that cancelling repurchased shares will enhance net asset value per share and/or earnings per share, which is expected to be positive for shareholders.
- Future Repurchases: The Board retains absolute discretion to conduct further share repurchases, subject to market conditions and compliance with all relevant regulations.
Important Information for Shareholders
- Price Sensitivity: The cancellation of repurchased shares reduces the total share count, potentially increasing net asset value and earnings per share. This action is likely to be viewed positively by the market and could support share price performance.
- Uncertainty: Any future share repurchases will depend on market conditions and the Board’s discretion. There is no guarantee regarding the timing, quantity, or price of future repurchases, so shareholders should exercise caution when trading the shares.
- Regulatory Compliance: All repurchases and cancellations are undertaken in accordance with Hong Kong and Cayman Islands laws, the company’s articles of association, and the Codes on Takeovers and Mergers and Share Buy-backs.
Board Statement
The Board, led by Chairman LIU Chunhe, has expressed confidence that these actions are in the best interests of the company and its shareholders. The Board will continue to monitor the situation and exercise discretion regarding further share repurchases.
Conclusion
The cancellation of repurchased shares is a significant development that could positively impact Newborn Town Inc.’s share value. Investors are advised to stay informed about further potential repurchases and exercise caution when dealing in the company’s shares.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult professional advisors before making any investment decisions. The company assumes no responsibility for any losses arising from reliance on this information.
新生代城股份有限公司撤銷回購股份：投資者重要資訊
概述
新生代城股份有限公司（股份代碼：9911，註冊於開曼群島，香港聯交所上市）公布於2026年4月27日至2026年5月29日期間所回購的全部股份已於2026年6月4日全部撤銷。本公告為股東及潛在投資者提供有關公司股本結構及未來回購計劃的最新資訊。
報告重點
- 回購授權：董事會於2025及2026年度股東大會獲授權可回購公司已發行股份（不包括庫藏股）最多10%。
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股份回購：
- 2026年4月27日至5月21日期間，公司回購394.6萬股（包括20.2萬庫藏股），總價約3,548萬港元（不含交易費用）。
- 2026年5月22日至5月29日，上市公司再回購122.8萬股，總價約984萬港元（不含交易費用）。
- 合共回購股份：517.4萬股（包括庫藏股）。
- 股份撤銷：所有回購股份（包括庫藏股）已於2026年6月4日撤銷，公司現時沒有庫藏股。
- 股本變動：撤銷後，公司已發行股份總數從14.13億（包括庫藏股）減至14.08億。
- 合規：公司確認仍符合香港上市規則最低公眾持股要求。
- 潛在影響：董事會認為撤銷回購股份將提升每股資產淨值及／或每股盈利，對股東有利。
- 未來回購：董事會將根據市場情況及合規要求，行使絕對酌情權進行股份回購。
股東需知的重要資訊
- 價格敏感：撤銷回購股份後，總股份數減少，或提升每股資產淨值及盈利，市場多數視為利好，有機會支持股價表現。
- 不確定性：未來回購將視乎市場情況及董事會酌情決定，無保證回購時間、數量或價格，股東交易時應謹慎。
- 合規：所有回購及撤銷均遵守香港及開曼群島法律，公司章程及相關收購及回購守則。
董事會聲明
董事會（主席劉春和）表示，此舉符合公司及股東整體利益，未來將繼續審視及酌情進行股份回購。
結論
撤銷回購股份屬重大消息，或對新生代城股份價值產生正面影響。投資者應留意公司未來回購動向，並謹慎交易。
免責聲明
本文僅供資訊參考，並非投資建議。投資者應自行研究及諮詢專業人士，方作投資決定。公司不對依據本文資訊所產生之損失負任何責任。
