Beijing UBOX Online Technology Corp. (UBOX Online) disclosed that it repurchased 320,000 H-shares on 8 June 2026 via on-market transactions at HKD 2.10 per share, for a total consideration of HKD 0.67 million. The shares were bought under the company’s general mandate approved on 28 May 2026.
Following the transaction, the number of issued shares (excluding treasury shares) declined from 946.51 million to 946.19 million, while 320,000 shares are now held in treasury. The repurchased amount represents 0.03% of the company’s issued H-share capital prior to the buyback. Total issued shares, including treasury shares, remain unchanged at 946.51 million.
The mandate allows UBOX Online to repurchase up to 94.65 million shares; to date, only 0.32 million shares, or 0.03% of the authorised limit, have been utilised, leaving significant headroom for further repurchases if the company elects to proceed.
In accordance with Hong Kong Stock Exchange Main Board Rule 10.06, UBOX Online is subject to a 30-day moratorium on issuing new shares or transferring treasury shares, effective until 8 July 2026. The company confirmed that the repurchase complied with all relevant regulatory requirements and that no repurchased shares have been cancelled at this stage.
Comments