HBM Holdings Limited (HBM Holdings-B) disclosed that on 18 May 2026 it executed an on-market buyback of 1.00 million ordinary shares at prices ranging from HK$12.18 to HK$12.79, for a volume-weighted average cost of HK$12.51 per share. The total consideration was approximately HK$12.51 million. All repurchased shares have been retained as treasury stock.
Concurrently, the company allotted 25,000 new ordinary shares at nil consideration to satisfy entitlements under its Post-IPO Share Award Scheme adopted on 23 November 2020.
Following these transactions, HBM Holdings’ issued share capital (excluding treasury shares) fell by 0.11% to 868.44 million shares. Treasury shares increased to 30.83 million, bringing total issued shares marginally to 899.27 million.
Under the general mandate granted on 11 June 2025, the company is authorised to repurchase up to 82.83 million shares. Including the latest transaction, cumulative on-market repurchases stand at 12.50 million shares, representing 1.51% of the share base on the mandate date, leaving headroom of about 70.33 million shares.
In addition, 406,000 shares repurchased in January 2025 for cancellation—at average prices of approximately HK$2.25 and HK$2.39—remain outstanding but have not yet been cancelled.
In line with Hong Kong Stock Exchange rules, HBM Holdings is subject to a moratorium on new share issues, sales or transfers of treasury shares until 17 June 2026, 30 days after the latest repurchase.
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