ONEWO Repurchases 248,900 Shares for Approximately HK$4.80 Million in Latest Buyback

Stock News09-03 18:56

ONEWO (02602) has disclosed that on September 3, 2026, it spent approximately HK$4.797 million to repurchase 248,900 of its own shares.

The buyback was executed under the company's existing share repurchase program, reflecting its ongoing capital management strategy. The specific average repurchase price per share was not detailed in the announcement, but the total expenditure aligns with the company's recent pattern of periodic market purchases.

The repurchase of shares by ONEWO is part of a broader trend among Hong Kong-listed firms to return value to shareholders and support share price stability. Following the transaction, the company's issued share capital will be reduced accordingly, which may have a modest positive effect on earnings per share metrics going forward.

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