COWELL repurchases 0.08% of outstanding shares, spending HK$14.93 million and raising treasury stock to 10.19 million

Bulletin Express10-23

Cowell e Holdings Inc. (COWELL) disclosed a fresh share buy-back carried out on 23 October 2026, further utilising its current repurchase mandate.

Key transaction details • Volume: 700,000 ordinary shares, equivalent to 0.08% of the company’s outstanding share capital prior to the transaction. • Price range: HK$20.84–HK$21.70 per share, implying a volume-weighted average cost of approximately HK$21.33. • Cash outlay: HK$14.93 million. • Treatment: All shares repurchased will be held in treasury.

Post-transaction capital structure • Issued shares (excluding treasury): reduced from 860.57 million to 859.87 million. • Treasury shares: increased from 9.49 million to 10.19 million, representing roughly 1.17% of total issued shares (870.06 million).

Repurchase mandate utilisation • Authorised limit (approved 28 May 2026): 86.83 million shares. • Cumulative shares bought back under the mandate: 10.19 million, or 11.74% of the authorised ceiling. • Remaining capacity: 76.64 million shares.

Moratorium on new issues In accordance with Hong Kong listing rules, COWELL is restricted from issuing new shares or disposing of treasury shares until 22 November 2026—30 days after the latest repurchase.

Governance confirmation The board affirmed that the buy-back complied with all pertinent regulatory requirements, was fully authorised, and that funds were duly settled.

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