Shandong Weigao Group Medical Polymer Company Limited (WEIGAO GROUP) disclosed a share buyback conducted on 30 March 2026 under its existing mandate.
• Transaction details: The company repurchased 4.69 million H-shares on the Hong Kong Stock Exchange, paying an aggregate HKD 17.94 million. The highest and lowest prices were HKD 3.93 and HKD 3.78 per share, with a volume-weighted average cost of HKD 3.8262 per share.
• Capital structure impact: Issued shares outstanding (excluding treasury shares) declined by 0.10% to 4.48 billion. Treasury shares increased to 46.27 million, equivalent to roughly 1.02% of total issued shares, while total issued shares remained unchanged at 4.52 billion.
• Mandate utilisation: The buyback forms part of the repurchase mandate approved on 27 May 2025, which authorises the company to repurchase up to 451.56 million shares. Cumulative repurchases under this mandate now total 39.62 million shares, representing 8.77% of the authorised limit.
• Moratorium: In accordance with Hong Kong listing rules, WEIGAO GROUP is restricted from issuing new shares or disposing of treasury shares until 30 April 2026.
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