Horizon Robotics Repurchases 18.60 Million Class B Shares for HKD 116.77 Million, Boosting Treasury Stock to 32.28 Million

Bulletin Express05-14 21:42

Horizon Robotics (HORIZONROBOT-W) has disclosed a share buyback carried out on 14 May 2026 via the Hong Kong Stock Exchange, according to its latest Next Day Disclosure Return filed on 14 May 2026.

The company repurchased 18.60 million weighted-voting right (WVR) Class B ordinary shares at prices ranging between HKD 6.20 and HKD 6.33 per share, translating into a volume-weighted average price of HKD 6.2782. Total consideration amounted to HKD 116.77 million. The shares bought represent 0.13% of the 12.51 billion issued shares (excluding treasury shares) outstanding as at 30 April 2026.

Following the transaction, issued shares outstanding (excluding treasury stock) fell from 12.51 billion to 12.50 billion, while treasury shares increased from 13.68 million to 32.28 million. The company’s total issued share count remains unchanged at 12.53 billion, indicating that all repurchased shares are being held as treasury shares rather than cancelled.

The buyback was executed under a shareholder mandate granted on 10 June 2025, which authorises repurchases of up to 1.32 billion shares. Cumulative repurchases under this mandate now stand at 32.28 million shares, equal to 0.24% of the shares outstanding on the mandate date.

In line with Hong Kong listing rules, Horizon Robotics is subject to a moratorium on issuing new shares or disposing of treasury shares until 13 June 2026.

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