COWELL Executes HK$4.35 Million Share Buyback, Lifts Treasury Stock to 10.39 Million Shares

Bulletin Express10-26 18:21

Cowell e Holdings Inc. (COWELL) disclosed that it repurchased 200,000 ordinary shares on 26 October 2026 via on-exchange transactions, paying between HK$21.56 and HK$22.02 per share. The transaction totalled HK$4.35 million and all repurchased shares were retained as treasury stock.

Following the buyback, the company’s issued share capital (excluding treasury shares) fell by 0.02% to 859.67 million shares, while treasury shares rose to 10.39 million. The overall number of issued shares remained unchanged at 870.06 million.

The repurchase was executed under the mandate approved on 28 May 2026, which authorises the company to buy back up to 86.83 million shares. Including the latest transaction, COWELL has repurchased 10.39 million shares to date, representing 1.20% of the issued share base at the time the mandate was granted. A 30-day moratorium on new share issues or treasury-share sales is now in force until 25 November 2026.

The board confirms that the repurchase complied with Hong Kong Stock Exchange regulations and all relevant statutory requirements.

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