Seyond Holdings Ltd. (the “Company”) has announced a voluntary share repurchase programme that will run from 2 June to 17 June 2026. The initiative falls under the 10% general repurchase mandate approved by shareholders on 20 December 2024 and effective until the conclusion of the 2026 annual general meeting.
The Board has earmarked up to HK$100.00 million for open-market repurchases. Each share may be bought at a price no more than 5% above the average closing price over the five trading days immediately preceding the transaction, in line with Hong Kong Listing Rules and the Codes on Takeovers and Share Repurchases.
Funding will come from the Company’s existing cash flow and internal resources. Depending on capital needs at the time of execution, repurchased shares may be cancelled or held in treasury. Seyond confirmed that the programme will not reduce the public float below regulatory requirements, and all disclosure obligations—including next-day returns—will be met.
Management cited a solid financial position and confidence in long-term prospects as key drivers for the repurchase, noting expected benefits to earnings per share, net asset value per share, and overall shareholder returns. Execution remains subject to prevailing market conditions and at the absolute discretion of the Board. Investors are advised to exercise caution when dealing in the Company’s securities.
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