Shanghai Bao Pharmaceuticals Co., Ltd. (trading as BAO PHARMA-B) disclosed that it repurchased 183,400 H-shares on the Hong Kong Stock Exchange on 4 September 2026. The on-market transactions were executed at prices ranging from HKD 15.92 to HKD 16.90 per share, translating into a total consideration of HKD 2.99 million and a volume-weighted average cost of HKD 16.32 per share.
Following the buyback, the company’s issued share capital (excluding treasury shares) declined by 0.12% to 151.75 million shares, while treasury shares rose to 2.58 million. The overall number of issued shares remained unchanged at 154.33 million.
The repurchases were made under the general mandate approved by shareholders on 26 May 2026, which authorises the company to buy back up to 15.43 million shares. Cumulative repurchases under this mandate now total 2.58 million shares, representing 1.67% of the issued share count as at the mandate date.
In line with Main Board Rule 10.06(3)(a), BAO PHARMA-B is subject to a moratorium on issuing new shares or disposing of treasury shares until 4 October 2026. The company confirmed that the transactions were carried out in full compliance with Hong Kong Stock Exchange listing rules and all relevant regulatory requirements.
Comments