AINNOVATION Announces Plan to Repurchase Shares Worth Up to HKD 100 Million

Stock News05-15

AINNOVATION (02121) announced that on May 15, 2026, the board of directors formally resolved to exercise the share repurchase authorization. The company intends to repurchase shares on the open market from time to time, with a maximum amount not exceeding HKD 100 million. The share repurchase period will last until the expiration date of the share repurchase authorization.

The funds for the share repurchase will come from the company's own capital. The repurchased shares will be either cancelled or held as treasury stock.

The board believes that conducting a share repurchase under the current circumstances demonstrates the company's confidence in its business outlook and prospects. It is further believed that this action will ultimately benefit the company and create value for shareholders. The board is of the view that the company's existing financial resources are sufficient to support the share repurchase while maintaining a sound financial position.

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