Laekna-B launches inaugural buyback, acquires 50,000 shares for HK$0.36 million

Bulletin Express07-09

Laekna, Inc. (Laekna-B) disclosed its first share repurchase under the current mandate, buying back 50,000 ordinary shares on 9 July 2026 via on-market transactions on the Hong Kong Stock Exchange.

• Transaction details – Volume: 50,000 shares – Price range: HK$6.98–HK$7.37 per share – Aggregate consideration: HK$0.36 million – Volume-weighted average price: approximately HK$7.10 per share

• Capital structure impact – Issued shares before and after the transaction: 449.33 million – Shares repurchased represent 0.0111% of total issued shares. – Repurchased shares are earmarked for cancellation and therefore remain in issue until formal cancellation.

• Repurchase mandate utilisation – Shareholders approved a mandate on 5 June 2026 allowing buybacks of up to 44.93 million shares (10% of issued capital). – To date, 50,000 shares, or 0.0111% of the authorised limit, have been repurchased. – Following this buyback, Laekna-B is subject to a 30-day moratorium—until 8 August 2026—on issuing new shares or selling any treasury shares without prior Stock Exchange approval.

Laekna-B’s share capital remains unchanged at 449.33 million shares pending cancellation of the repurchased stock.

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