Edding Genor repurchases 1.00 million shares, treasury stock rises to 20.86 million

Bulletin Express04-27

Edding Genor Group Holdings Limited conducted an on-market buy-back of 1.00 million ordinary shares on 27 April 2026, paying HKD 3.40–3.50 per share at a volume-weighted average of HKD 3.4664. The transaction cost HKD 3.47 million and represents 0.05% of the company’s pre-transaction issued share capital (excluding treasury shares).

Following the repurchase, outstanding shares (excluding treasury stock) fell to 1,990.35 million, while treasury shares increased to 20.86 million. Total issued shares remained unchanged at 2,011.21 million.

The purchase was executed under the repurchase mandate approved on 26 June 2025, which authorises the company to buy back up to 52.06 million shares. To date, 20.86 million shares—equivalent to 4.01% of the shares outstanding on the mandate date—have been repurchased under this authority.

Under Hong Kong Stock Exchange rules, Edding Genor is subject to a moratorium on issuing new shares or disposing of treasury shares until 27 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment