Edding Genor repurchases 1.00 million shares for HKD 3.40 million; treasury stock rises to 18.86 million

Bulletin Express04-23

Edding Genor Group Holdings Limited reported a further on-market share buyback on 23 April 2026, acquiring 1.00 million ordinary shares at prices between HKD 3.30 and HKD 3.46, for a volume-weighted average consideration of HKD 3.40 million.

Following the transaction: • Issued shares (excluding treasury shares) fell 0.05% to 1,992.35 million. • Treasury shares increased to 18.86 million. • The total issued share count remained unchanged at 2,011.21 million, as the repurchased shares are being held in treasury rather than cancelled.

Progress against repurchase mandate: • The current mandate, approved on 26 June 2025, authorises buybacks of up to 52.06 million shares. • Cumulative repurchases under this mandate now stand at 18.86 million shares, representing 3.62% of the issued share capital on the mandate date.

Regulatory timetable: • Consistent with Hong Kong Listing Rule 10.06(3)(a), the company is subject to a moratorium on issuing, selling, or transferring shares until 23 May 2026.

The board confirmed that the repurchase complied with all relevant listing rules and regulatory requirements.

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