Essex Bio-Technology Limited reported that it repurchased 100,000 ordinary shares on 25 June 2026, paying an aggregate HKD0.26 million at prices ranging between HKD2.63 and HKD2.64 per share. The volume-weighted average repurchase price was approximately HKD2.64.
Following the transaction: • Issued shares outstanding (excluding treasury shares) declined marginally by 0.0177% to 566.33 million. • Treasury shares increased to 673,000, representing 0.12% of the issued share capital approved under the current buyback mandate. • Total issued share capital, including treasury shares, remained unchanged at 567.01 million shares.
The buyback falls under the mandate granted by shareholders on 26 May 2026, which authorises the company to repurchase up to 56.70 million shares. To date, Essex Bio-Technology has repurchased 673,000 shares under this authority, utilising 0.12% of the approved limit.
Under Hong Kong Stock Exchange listing rules, the company is subject to a 30-day moratorium on issuing new shares or transferring treasury shares, effective until 25 July 2026.
Comments