Fenbi (02469) Announces Share Repurchase and Treasury Shares Update

Bulletin Express11-28

Fenbi (02469) disclosed a Next Day Disclosure Return indicating a repurchase on 28 November 2025 of 400,000 ordinary shares at HKD 3.15 per share, for a total price of HKD 1,260,000. After this transaction, the number of issued shares (excluding treasury shares) stands at 2,226,754,530, with 9,866,000 shares held as treasury shares. The total number of issued shares, including treasury shares, remains at 2,236,620,530.

According to the filing, the repurchase was conducted under a buyback mandate approved on 27 June 2025, which authorized a maximum of 223,368,003 shares to be repurchased. Cumulative repurchases under this mandate now amount to 9,866,000 shares, representing approximately 0.44169% of issued shares on the resolution date. The filing also shows a moratorium period preventing the issuer from conducting new share issuances or treasury share sales until 28 December 2025.

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