WEILONG Delicious Global Holdings Ltd has activated the share buy-back mandate approved by shareholders on 11 June 2026, authorising directors to repurchase up to 243.11 million shares—equivalent to 10% of the company’s issued share capital (excluding any treasury shares)—before the next annual general meeting or earlier termination of the mandate.
The board plans to deploy up to HK$200.00 million in company funds for on-market purchases during the six months following this announcement. Each transaction will be executed at a price no more than 5% above the average closing price of the shares over the five trading days preceding the purchase date.
Management states that the planned repurchases are not expected to exert a material adverse impact on the group’s working-capital or gearing positions. Shares bought back will be kept as treasury stock, earmarked for potential future equity-incentive schemes, aligning the interests of shareholders and key employees.
The company emphasises strict adherence to its Articles of Association, Hong Kong Listing Rules, the Codes on Takeovers and Share Buy-backs, and Cayman Islands law. It also commits to maintaining the minimum public-float requirement.
Execution of the buy-back remains subject to market conditions and board discretion; there is no assurance regarding the timing, volume or pricing of any repurchases. Shareholders and prospective investors are advised to exercise caution when dealing in WEILONG Delicious shares.
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