Unisound AI Technology Co., Ltd. has disclosed a plan to repurchase H shares on the open market with an aggregate value not exceeding HK$0.10 billion. The programme, approved at the 11th meeting of the third Board and effective from 23 July 2026, will run for up to six months and will be executed under the general repurchase mandate granted by shareholders on 26 June 2026.
The repurchase mandate authorises the Board to buy back up to 4.51 million H shares—equivalent to 10% of the company’s issued H-share capital (excluding any treasury shares) as at the mandate date. The mandate remains valid until the earliest of the 2026 annual general meeting, 12 months from approval, or any earlier revocation or variation by shareholders.
Management indicated that repurchased shares will either be cancelled, thereby reducing registered capital, or retained as treasury stock. Financing will come from the company’s existing cash resources and legally permissible self-raised funds. The Board stated that current financial resources are sufficient to support the transaction without compromising the firm’s financial stability.
Unisound affirmed that the buyback will comply with its articles of association, Hong Kong Listing Rules, and all applicable regulations, and will be conducted in a manner that preserves the required public float. Execution details—such as timing, quantity, and price—remain subject to market conditions and Board discretion. Shareholders and prospective investors are advised to exercise caution when dealing in the company’s shares.
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