NetDragon shifts 0.17 million treasury shares to share-award trustee; issued shares reach 526.10 million

Bulletin Express03-27

NetDragon Websoft Holdings Limited reported a transfer of 171,216 treasury shares on 27 March 2026 to the trustee of its share-award scheme adopted on 6 June 2024. The move converted the same number of treasury shares into ordinary shares, raising the company’s issued share capital (excluding treasury shares) by 0.0326% to 526.10 million.

Treasury shares decreased from 5.33 million to 5.16 million, while the total share count remained unchanged at 531.26 million, indicating a pure reclassification with no impact on overall capital. The transfer was executed at HKD 0 per share, reflecting the nature of share-award allocations rather than a market transaction.

The company confirmed that all regulatory and listing requirements were fully satisfied and noted that there were no share repurchases, redemptions, or on-market sales of treasury shares during the period.

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