Edding Genor repurchases 200,000 shares for HK$0.38 million, outstanding free-float slips 0.01%

Bulletin Express07-13

On 13 July 2026, Edding Genor Group Holdings Limited disclosed a share buyback under Hong Kong’s Next Day Disclosure regime. The company acquired 200,000 ordinary shares on the Stock Exchange at prices ranging between HK$1.86 and HK$1.94, translating into a volume-weighted average cost of HK$1.92 per share and an aggregate consideration of HK$0.38 million.

Pre-repurchase, Edding Genor had 1.99 billion issued shares (excluding treasury shares). Following the transaction, the outstanding share count edged down by 0.01% to 1.99 billion, while treasury shares increased to 23.71 million. Total issued shares remained unchanged at 2.01 billion, as the repurchased stock is being held in treasury and has not been cancelled.

The buyback was executed under the mandate approved on 26 June 2026, which authorises the company to repurchase up to 199.07 million shares. Including the latest transaction, cumulative repurchases under this mandate amount to 420,000 shares—equivalent to 0.02% of the share capital at mandate approval—leaving approximately 198.65 million shares (99.79% of the mandate) still available.

In accordance with Hong Kong listing rules, Edding Genor is subject to a moratorium on issuing new shares or disposing of treasury shares until 12 August 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