Wasion Holdings repurchases 0.04% of shares for HKD 4.45 million; treasury stock rises to 17.10 million shares

Bulletin Express11-03

Wasion Holdings Limited disclosed a fresh share buyback under its authorised repurchase mandate, acquiring 400,000 ordinary shares on 3 November 2026 through on-exchange transactions. The purchase, executed at prices ranging from HKD 10.91 to HKD 11.47 per share and averaging HKD 11.13, resulted in a total cash outlay of approximately HKD 4.45 million.

Following the transaction:

• Issued shares (excluding treasury shares) declined by 0.04% to 1.03 billion. • Treasury shares increased to 17.10 million, keeping total issued shares unchanged at 1.05 billion. • Shares repurchased under the current mandate, granted on 15 May 2026, now total 17.10 million—equivalent to 1.64% of the share base on mandate-grant date. • Wasion retains authority to repurchase up to 104.59 million shares, indicating 87.48 million shares remain available under the mandate. • In line with Hong Kong listing rules, the company is restricted from issuing new shares or selling treasury shares until 3 December 2026.

The company did not cancel any of the repurchased shares; all have been recorded as treasury stock. The disclosure was signed by Company Secretary Mr. Choi Wai Lung Edward on 3 November 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