Saint Bella Executes HKD 2.89 Million Share Buyback, Lifts Treasury Stock to 12.65 Million Shares

Bulletin Express11-02 20:21

Saint Bella Group Limited repurchased 1.33 million ordinary shares on 2 November 2026 through on-exchange transactions, paying an aggregate HKD 2.89 million. The buyback was executed at prices ranging from HKD 2.075 to HKD 2.43 per share, equivalent to a volume-weighted average of HKD 2.17 per share.

Following the transaction, the company’s outstanding share count (excluding treasury shares) decreased by 0.22 % to 609.55 million, while treasury shares rose to 12.65 million. The total issued share capital remained unchanged at 622.20 million shares.

The purchase forms part of the mandate approved on 30 June 2026, which allows Saint Bella to repurchase up to 62.22 million shares. Cumulative repurchases under this authority now total 12.65 million shares, representing 2.03 % of the issued shares outstanding on the mandate’s approval date.

In accordance with Hong Kong Stock Exchange rules, Saint Bella is restricted from issuing new shares or transferring treasury shares until 2 December 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