SAMSONITE repurchases 1.35 million shares at HKD 14.08, treasury stock climbs to 106.16 million

Bulletin Express06-11 19:21

Samsonite Group S.A. executed an on-market buyback of 1.35 million ordinary shares on 11 June 2026, paying a total of HKD 19.04 million. The volume-weighted average price was HKD 14.08, with trades ranging between HKD 13.94 and HKD 14.28 per share.

Following the transaction, the company’s outstanding share count (excluding treasury shares) declined by 0.10 % to 1.36 billion, while treasury shares increased to 106.16 million. Total issued shares remained unchanged at 1.47 billion.

The purchase was made under the repurchase mandate approved on 4 June 2026, which authorises up to 136.58 million shares for buyback. To date, Samsonite has repurchased 5.76 million shares—0.42 % of the shares outstanding on the mandate date.

In line with Hong Kong Listing Rules, the company is subject to a moratorium on new share issues or treasury share sales until 11 July 2026. Samsonite confirmed all regulatory requirements have been observed and the repurchased shares are being held as treasury stock and have not been cancelled.

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