Core Viewpoint - MGM China has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [2][3]. Share Buyback Summary - On September 4, MGM China repurchased 1 million shares at a price range of HKD 15.580 to HKD 15.970, totaling HKD 15.6873 million. The stock closed at HKD 15.710, down 1.63% for the day, with a total trading volume of HKD 78.0975 million [2]. - Since August 26, the company has conducted share buybacks for eight consecutive days, repurchasing a total of 8 million shares for a cumulative amount of HKD 128 million, during which the stock price has decreased by 1.50% [2]. - Year-to-date, MGM China has completed 16 buyback transactions, acquiring a total of 15.0022 million shares for a total expenditure of HKD 231 million [3]. Buyback Details - The detailed buyback transactions are as follows: - September 4: 100,000 shares at a maximum price of HKD 15.970 and a minimum of HKD 15.580, totaling HKD 1.56873 million - September 3: 100,000 shares at a maximum price of HKD 16.000 and a minimum of HKD 15.830, totaling HKD 1.59506 million - September 2: 100,000 shares at a maximum price of HKD 16.070 and a minimum of HKD 15.770, totaling HKD 1.59001 million - September 1: 100,000 shares at a maximum price of HKD 16.080 and a minimum of HKD 15.870, totaling HKD 1.59785 million - August 29: 100,000 shares at a maximum price of HKD 16.270 and a minimum of HKD 15.920, totaling HKD 1.60602 million - August 28: 100,000 shares at a maximum price of HKD 16.160 and a minimum of HKD 15.820, totaling HKD 1.59533 million - August 27: 100,000 shares at a maximum price of HKD 16.130 and a minimum of HKD 15.920, totaling HKD 1.60180 million - August 26: 100,000 shares at a maximum price of HKD 16.290 and a minimum of HKD 15.950, totaling HKD 1.61391 million - August 14: 100,000 shares at a maximum price of HKD 16.250 and a minimum of HKD 16.100, totaling HKD 1.61807 million - August 13: 100,000 shares at a maximum price of HKD 16.070 and a minimum of HKD 15.870, totaling HKD 1.59846 million - August 12: 100,000 shares at a maximum price of HKD 16.340 and a minimum of HKD 15.840, totaling HKD 1.62205 million - August 11: 100,000 shares at a maximum price of HKD 16.000 and a minimum of HKD 15.790, totaling HKD 1.59019 million - August 8: 100,000 shares at a maximum price of HKD 16.580 and a minimum of HKD 16.110, totaling HKD 1.63621 million - June 18: 100,000 shares at a maximum price of HKD 11.300 and a minimum of HKD 11.140, totaling HKD 1.12380 million - June 16: 62.75 thousand shares at a maximum price of HKD 10.900 and a minimum of HKD 10.660, totaling HKD 674.70 thousand - March 21: 37.47 thousand shares at a maximum price of HKD 11.280 and a minimum of HKD 11.120, totaling HKD 419.24 thousand [3].
美高梅中国(02282.HK)9月4日回购1568.73万港元,年内累计回购2.31亿港元