Butong Group disclosed that it repurchased 50,000 ordinary shares on 6 July 2026 through on-exchange transactions at prices ranging between HK$26.98 and HK$27.80 per share. The volume-weighted average repurchase cost stood at HK$27.44 per share, bringing total cash outflow to approximately HK$1.37 million.
Following the transaction, the company’s issued share capital (excluding treasury shares) declined 0.06 % to 88.99 million shares. Concurrently, treasury shares rose to 1.76 million, while the total number of issued shares remained unchanged at 90.75 million.
The buyback utilised the general mandate approved on 5 June 2026, under which the company is authorised to repurchase up to 9.03 million shares. Aggregate repurchases under this mandate have reached 1.29 million shares, representing 1.43 % of the issued share base at the mandate date.
In accordance with Hong Kong Listing Rules, Butong Group is now subject to a 30-day moratorium—ending 5 August 2026—during which it cannot issue new shares or dispose of treasury shares without prior Exchange approval.
Comments