Edding Genor Group Holdings (06998) Announces Share Repurchase Update

Bulletin Express02-05 23:04

Edding Genor Group Holdings Limited (Stock Code: 06998) disclosed changes in its share capital on 05 February 2026. The company repurchased a total of 774,000 ordinary shares on the Exchange at a volume-weighted average price of HKD 2.65 per share, with the lowest price at HKD 2.60 and an aggregate price of approximately HKD 2,050,410. All repurchased shares were retained as treasury shares.

Following this transaction, the number of issued shares (excluding treasury shares) decreased to 2,003,968,774, whereas the treasury shares increased to 7,245,000. The overall total number of issued shares remained 2,011,213,774. This repurchase was conducted under a mandate granted on 26 June 2025, which authorized the repurchase of up to 52,060,469 shares. The proportion of shares repurchased under the mandate represented about 1.39% of the number of issued shares as at the date of the resolution granting the repurchase mandate.

According to the announcement, a moratorium is in place until 07 March 2026, during which no new issue of shares or sale or transfer of treasury shares can be made without the prior approval of The Stock Exchange of Hong Kong Limited.

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