Billion Industrial Cancels 368,000 Shares After HK $4.09 Million Buyback, Outstanding Stock Reduced to 1.05 Billion

Bulletin Express11-04 17:23

Billion Industrial Holdings Limited disclosed that it cancelled 368,000 ordinary shares on 4 November 2026, reflecting the retirement of shares repurchased between 19 August and 13 October 2026.

The cancelled shares, acquired in nine on-market transactions, were bought at prices ranging from HK $10.60 to HK $11.50 per share. Based on the volumes and individual purchase prices stated in the filing, the total cash outlay amounted to approximately HK $4.09 million, translating into an average repurchase cost of about HK $11.13 per share.

Following the cancellation, Billion Industrial’s issued share capital (excluding treasury shares) fell from 1,055.21 million to 1,054.84 million, a reduction of 0.03%. The company reported no treasury shares on its books after the transaction.

All repurchases were authorised by the board and executed in compliance with Hong Kong Main Board Rule 13.25A and related regulatory requirements, according to the company secretary’s confirmation attached to the filing.

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