WEIGAO GROUP (01066) has announced that its board of directors has been informed by the company's controlling shareholder, Weigao Group, of a recent share purchase.
Weigao Group acquired a total of 11.4008 million H-shares of the company on the open market using its own funds between May 15, 2026, and the date of this announcement. This purchase represents approximately 0.25% of the company's total issued H-shares and approximately 0.25% of its total issued share capital as of the announcement date.
In total, from May 13, 2026, to the date of this announcement, Weigao Group has purchased 14.9536 million H-shares of the company on the open market. This aggregate purchase amounts to roughly 0.33% of the total issued H-shares and 0.33% of the total issued share capital, with a total consideration of approximately HK$50.9 million.
Following this latest acquisition, Weigao Group now holds a total of 2.115 billion H-shares in the company as of the announcement date. This represents about 46.76% of the total issued H-shares and 46.27% of the total issued share capital.
The share purchase is viewed as a strong indication of Weigao Group's firm confidence in the long-term development prospects and intrinsic value of the company, as well as its full support for the group's continued and stable growth.
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