BOE Varitronix buys back 200,000 shares for HK$0.81 million to fund incentive plan

Bulletin Express07-03

Hong Kong-listed BOE Varitronix Limited disclosed that, on 3 July 2026, the trustee of its Share Award Plan repurchased 200,000 company shares on the open market.

The shares were acquired at an average price of HK$4.0329, bringing the cash outlay to approximately HK$0.81 million and equating to 0.025% of the group’s current issued share capital.

Management stated that the repurchase replenishes the share pool for existing and future awards intended to recognise and retain key talent, align employee and shareholder interests, and strengthen the group’s long-term competitiveness.

The board noted that the purchase price does not reflect the company’s intrinsic value and that available financial resources are sufficient to support further buy-backs under the plan. Future purchases will depend on market conditions and board discretion, and no assurance was given regarding timing, volume or pricing.

Shareholders and potential investors were advised to exercise caution when dealing in the company’s shares.

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