Greentown Service Group Co. Ltd. disclosed a minor adjustment to its share capital on 26 August 2026, combining a small-scale employee option exercise with a same-day on-market repurchase.
• Employee option exercise – 310,640 new ordinary shares were issued on 26 August under the share option scheme adopted on 16 June 2023. – Issue price: HK$3.494 per share, implying proceeds of roughly HK$1.09 million.
• Share repurchase – On the same trading day, the company bought back 414,000 shares on the Hong Kong Stock Exchange. – Repurchase range: HK$4.335–4.36 per share; volume-weighted average price: HK$4.35. – Total consideration: HK$1.80 million. – All repurchased shares were retained as treasury stock, lifting the treasury share balance to 34.77 million.
Capital impact – Net reduction in issued shares (excluding treasury stock) of 103,360, or 0.003 percentage points, lowering the outstanding share count to 3.121 billion. – Aggregate share capital (including treasury shares) edged up to 3.156 billion. – Net cash outflow from the two transactions was approximately HK$0.72 million.
Repurchase mandate utilisation – The buyback forms part of the authority granted on 18 June 2026, which permits repurchases of up to 313.14 million shares. – Cumulative purchases under this mandate now total 12.24 million shares, equivalent to 0.39 % of the share base at the mandate date. – In line with listing rules, Greentown Service is restricted from issuing new shares or transferring treasury shares until 25 September 2026.
Comments