Cowell e Holdings Inc. (COWELL) disclosed that on 20 October 2026 it bought back 300,000 ordinary shares on the Hong Kong Stock Exchange. The on-market repurchase was executed within a price range of HKD 21.90–22.28, resulting in a volume-weighted average cost of approximately HKD 22.07 per share and a total cash outlay of HKD 6.62 million.
Following the transaction, COWELL’s issued share capital (excluding treasury shares) declined by 0.035 % to 861.57 million shares, while treasury shares increased to 8.49 million. The company’s total issued share count remains unchanged at 870.06 million shares, as the repurchased stock is being held in treasury rather than cancelled.
The buy-back was executed under the general mandate approved by shareholders on 28 May 2026, which authorises the company to repurchase up to 86.83 million shares. To date, COWELL has repurchased 8.49 million shares under this mandate, representing 0.98 % of the share base at the time the authority was granted.
In line with Hong Kong Stock Exchange regulations, COWELL is subject to a moratorium on issuing new shares or selling treasury shares until 19 November 2026. The board confirmed that all repurchase procedures complied with Main Board Rule 10.06 and related regulatory requirements.
Comments