China Literature Buys Back 400,000 Shares for HK$7.84 Million on Aug 24; Three-Day Total 1.2 Million
China Literature repurchased 400,000 shares for HK$7.84 million on August 24, completing its third consecutive day of buybacks. The three-day total reached 1.2 million shares for HK$23.87 million, during which the stock fell 4.18%. Since the start of 2026, the company has made 28 buybacks totaling 11.78 million shares for HK$242 million. The stock closed down 1.01% at HK$19.70 on August 24.
China Literature announced on August 24 that it repurchased 400,000 shares at prices between HK$19.370 and HK$19.700 per share, for a total consideration of HK$7.8367 million. The stock closed at HK$19.700 that day, down 1.01%, with total turnover of HK$70.1335 million.
Since August 20, China Literature has conducted buybacks on three consecutive trading days, repurchasing a total of 1.2 million shares for an aggregate amount of HK$23.8701 million. During this period, the stock has fallen 4.18% cumulatively.
Since the beginning of 2026, China Literature has completed 28 buybacks, repurchasing a total of 11.7792 million shares for an aggregate amount of HK$242 million. Earlier buyback records show that in July, the company conducted eight buybacks totaling 2.5792 million shares for approximately HK$51.4898 million; in June, it conducted 15 buybacks totaling 7.45 million shares for approximately HK$155 million.
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