Weigao Group buys back 1.67 million H-shares, treasury stock rises to 47.94 million

Bulletin Express03-31

Shandong Weigao Group Medical Polymer Company Limited (Weigao Group) filed a Next Day Disclosure Return showing that 1.67 million H-shares were repurchased on 31 March 2026 through the Hong Kong Stock Exchange at prices between HKD 3.73 and HKD 3.93, equal to a volume-weighted average of HKD 3.817 per share. The transaction cost totalled HKD 6.39 million and represented 0.0374% of the company’s issued share capital excluding treasury shares.

Following the repurchase, Weigao Group’s outstanding shares (excluding treasury) decreased to approximately 4.47 billion, while treasury shares increased to 47.94 million. Total issued shares remained unchanged at about 4.52 billion.

The buy-back formed part of the mandate approved on 27 May 2025, which permits the repurchase of up to 451.56 million shares. Cumulative repurchases under this mandate now stand at 41.30 million shares, equivalent to 9.15% of the share base at the mandate date. All shares bought back to date are held as treasury shares, and none have been cancelled. The company is subject to a moratorium on issuing new shares or disposing of treasury shares until 1 May 2026.

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