FS.COM to Buy Back Up to 5% of Its H Shares

Stock News06-10

FS.COM has announced a share repurchase plan.

On June 10, 2026, the board of directors passed a resolution to approve the repurchase of the company's H shares on the open market of the Hong Kong Stock Exchange.

The repurchases will be conducted from time to time, subject to market conditions and the company's actual circumstances, and within the general mandate for H share buybacks granted to the board by shareholders at the annual general meeting held on May 28, 2026.

Under the repurchase authorization, the company may buy back a maximum number of H shares not exceeding 5% of the total issued and fully paid H shares in issue as of the date the authorization was approved.

This calculation excludes any H shares that have been repurchased but not yet cancelled, as well as any treasury shares.

The company intends to fund the H share repurchases using its own internal funds and/or raised capital.

Only funds that are legally permitted for such purposes under the company's articles of association, the listing rules, and applicable laws and regulations will be used for the buybacks.

The total amount the company plans to utilize for the repurchases shall not exceed HK$350 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1164630881?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-10 22:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164630881","market":"nz","top_or_hot":-1,"title":"FS.COM to Buy Back Up to 5% of Its H Shares","media":"Stock News","content":"<p>FS.COM has announced a share repurchase plan.<br><br>On June 10, 2026, the board of directors passed a resolution to approve the repurchase of the company's H shares on the open market of the Hong Kong Stock Exchange.<br><br>The repurchases will be conducted from time to time, subject to market conditions and the company's actual circumstances, and within the general mandate for H share buybacks granted to the board by shareholders at the annual general meeting held on May 28, 2026.<br><br>Under the repurchase authorization, the company may buy back a maximum number of H shares not exceeding 5% of the total issued and fully paid H shares in issue as of the date the authorization was approved.<br><br>This calculation excludes any H shares that have been repurchased but not yet cancelled, as well as any treasury shares.<br><br>The company intends to fund the H share repurchases using its own internal funds and/or raised capital.<br><br>Only funds that are legally permitted for such purposes under the company's articles of association, the listing rules, and applicable laws and regulations will be used for the buybacks.<br><br>The total amount the company plans to utilize for the repurchases shall not exceed HK$350 million.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FS.COM to Buy Back Up to 5% of Its H Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFS.COM to Buy Back Up to 5% of Its H Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-06-10 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>FS.COM has announced a share repurchase plan.<br><br>On June 10, 2026, the board of directors passed a resolution to approve the repurchase of the company's H shares on the open market of the Hong Kong Stock Exchange.<br><br>The repurchases will be conducted from time to time, subject to market conditions and the company's actual circumstances, and within the general mandate for H share buybacks granted to the board by shareholders at the annual general meeting held on May 28, 2026.<br><br>Under the repurchase authorization, the company may buy back a maximum number of H shares not exceeding 5% of the total issued and fully paid H shares in issue as of the date the authorization was approved.<br><br>This calculation excludes any H shares that have been repurchased but not yet cancelled, as well as any treasury shares.<br><br>The company intends to fund the H share repurchases using its own internal funds and/or raised capital.<br><br>Only funds that are legally permitted for such purposes under the company's articles of association, the listing rules, and applicable laws and regulations will be used for the buybacks.<br><br>The total amount the company plans to utilize for the repurchases shall not exceed HK$350 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1149","symbol_name":"通信设备","start_time":0,"source_url":"","article_id":"1164630881","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164630881","pubTimestamp":1781100622,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"FS.COM has announced a share repurchase plan.On June 10, 2026, the board of directors passed a resolution to approve the repurchase of the company's H shares on the open market of the Hong Kong Stock...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1149":"通信设备","03355":"飞速创新"},"translate_title":"FS.COM将回购最多5%的H股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03355":1},"content_text":"FS.COM has announced a share repurchase plan.On June 10, 2026, the board of directors passed a resolution to approve the repurchase of the company's H shares on the open market of the Hong Kong Stock Exchange.The repurchases will be conducted from time to time, subject to market conditions and the company's actual circumstances, and within the general mandate for H share buybacks granted to the board by shareholders at the annual general meeting held on May 28, 2026.Under the repurchase authorization, the company may buy back a maximum number of H shares not exceeding 5% of the total issued and fully paid H shares in issue as of the date the authorization was approved.This calculation excludes any H shares that have been repurchased but not yet cancelled, as well as any treasury shares.The company intends to fund the H share repurchases using its own internal funds and/or raised capital.Only funds that are legally permitted for such purposes under the company's articles of association, the listing rules, and applicable laws and regulations will be used for the buybacks.The total amount the company plans to utilize for the repurchases shall not exceed HK$350 million.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164630881","isCrawlerRequest":true}