Billion Industrial (02299) Announces No Change in Issued Shares and Reports Ongoing Share Repurchases

Bulletin Express2025-11-12

Billion Industrial Holdings Limited (stock code 02299) published a Next Day Disclosure Return dated 12 November 2025, indicating that the total number of issued ordinary shares remained at 2,112,452,000 as of 12 November 2025.

According to the announcement, the company has been repurchasing shares since 2 September 2025 but has yet to cancel a cumulative total of 1,160,000 repurchased shares. The repurchase prices ranged between HKD 4.17 and HKD 4.87. On 12 November 2025 alone, 12,000 shares were repurchased at HKD 4.61.

Billion Industrial Holdings Limited has an existing repurchase mandate passed on 23 May 2025, authorizing the potential repurchase of up to 211,532,800 shares. The announcement notes that a total of 4,022,000 shares have been repurchased under this mandate so far, representing 0.1901% of the company’s issued shares as of the mandate date.

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