MCC Invests HK$3 Million in Share Buyback Program

Stock News09-14 17:42

MCC (HK: 01618) has announced a share repurchase transaction executed on September 14, 2026, allocating approximately HK$2.9997 million to acquire 2.115 million of its own shares.

The buyback was conducted at prevailing market prices, reflecting the company's ongoing capital management strategy. This move is part of a broader initiative by the metallurgical engineering giant to consolidate shareholder value and signal confidence in its long-term prospects.

Following this transaction, the company's issued share capital has been adjusted accordingly, with the repurchased shares slated for cancellation or retention as treasury stock, in accordance with applicable regulatory requirements.

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