Flat Glass Repurchases 1.29 Million H Shares for HKD 9.94 Million, Lifting Treasury Stock to 5.48 Million Shares

Bulletin Express05-28

Flat Glass Group Co., Ltd. announced a further share buy-back on 28 May 2026, acquiring 1.29 million H shares on the Hong Kong Stock Exchange at prices ranging between HKD 7.60 and HKD 7.77 per share, for a volume-weighted average of HKD 7.71. The total consideration paid amounted to HKD 9.94 million.

Following the transaction, the company’s outstanding H-share count fell from 437.53 million to 436.24 million, while treasury H shares increased from 4.19 million to 5.48 million. A-share capital listed in Shanghai remained unchanged at 1.89 billion, leaving total issued shares at 2.34 billion, of which 13.31 million are held in treasury.

The purchase forms part of the repurchase mandate approved on 12 May 2026, which authorises Flat Glass to buy back up to 44.17 million shares. Cumulative repurchases under this mandate now stand at 5.48 million shares, equivalent to 1.24 % of the company’s issued share capital (excluding treasury shares) as of the mandate date.

Under Hong Kong listing rules, the company is subject to a 30-day moratorium on new share issues or treasury-share disposals, lasting through 27 June 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