Horizon Robotics (HORIZONROBOT-W) disclosed on 1 June 2026 that it repurchased 22.10 million Class B weighted voting right (WVR) ordinary shares on 29 May 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.
The on-market transaction was executed within a price band of HK$5.25 to HK$5.36 per share, at a volume-weighted average price of HK$5.2947. The total consideration amounted to HK$117.01 million.
The repurchased shares, equal to 0.15% of the company’s outstanding share capital before the transaction, were transferred to treasury. Consequently, Horizon Robotics’ issued share capital (excluding treasury shares) fell from 12.47 billion to 12.45 billion shares. Treasury shares increased from 58.06 million to 80.16 million, while the company’s total issued share count remained unchanged at 12.53 billion.
The buyback forms part of a mandate granted on 10 June 2025, which authorises the company to repurchase up to 1.32 billion shares. Cumulative repurchases under this mandate now stand at 80.16 million shares, representing 0.61% of the issued share base on the mandate date.
Under Hong Kong listing rules, Horizon Robotics is restricted from issuing new shares or disposing of treasury shares for 30 days following the repurchase, setting a moratorium that runs through 28 June 2026.
The company confirmed that the repurchase was executed in compliance with all applicable listing rules and regulatory requirements.
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