Wasion Holdings Completes HKD 15.15 Million On-Market Buyback, Boosting Treasury Shares to 6.62 Million

Bulletin Express09-02 16:43

Wasion Holdings Limited reported a fresh share repurchase under its general mandate, buying back 1.00 million ordinary shares on 2 September 2026 via the Hong Kong Stock Exchange.

The shares were acquired at prices ranging between HKD 15.03 and HKD 15.22, translating into a volume-weighted average cost of HKD 15.1485 per share and an aggregate consideration of HKD 15.15 million.

Key post-transaction metrics: • Issued shares (excluding treasury) fell 0.10% to 1.04 billion from 1.04 billion. • Treasury shares rose to 6.62 million, up from 5.62 million. • Total issued shares remain unchanged at 1.05 billion, as the repurchased stock is being held in treasury.

The purchase was executed under the repurchase mandate approved on 15 May 2026, which authorises Wasion to buy back up to 104.59 million shares. Cumulative repurchases under this mandate now stand at 6.62 million shares, equating to 0.63% of the company’s issued share capital as of the mandate date.

In line with Hong Kong listing regulations, Wasion is subject to a moratorium on issuing new shares or disposing of treasury shares until 2 October 2026.

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