HBM Holdings Limited (HBM Holdings) disclosed a dual share capital move on 8 May 2026, involving a market repurchase and a minor share issue tied to employee incentives.
Key actions and impact 1. Share repurchase • Volume and pricing: 300,000 ordinary shares bought back on the Hong Kong Stock Exchange at HKD 13.15–13.30 each, for a total outlay of HKD 3.97 million. • Balance sheet treatment: All repurchased shares are being held as treasury stock. • Capital effect: The transaction reduced the free-float by 0.0344% of the company’s prior issued share base.
2. Share award issuance • Purpose: 44,000 new ordinary shares allotted to satisfy grants under the Post-IPO Share Award Scheme adopted on 23 November 2020. • Consideration: Nil (shares issued at HKD 0).
Revised share capital structure (post-transactions) • Issued shares (excluding treasury): 871.10 million, down from 871.35 million before the events. • Treasury shares on hand: 27.87 million, up from 27.57 million. • Total shares in issue (including treasury): 898.97 million.
Ongoing repurchase mandate • Authorised limit: 82.83 million shares under the mandate granted on 11 June 2025. • Cumulative execution: 9.53 million shares purchased to date, equivalent to 1.15% of the share count at mandate approval. • Post-buy-back moratorium: HBM Holdings is restricted from issuing or transferring any shares until 7 June 2026, unless prior Exchange approval is obtained.
Uncancelled buy-backs An additional 406,000 shares repurchased in January 2025 for cancellation remain outstanding.
The board confirms all transactions complied with Hong Kong Listing Rules and relevant regulatory requirements.
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