Edding Genor further tightens free float with HKD 0.11 million share buyback

Bulletin Express11-09 21:21

Edding Genor Group Holdings Limited disclosed a minor shrinkage in its free-float following a market repurchase of 74,000 ordinary shares on 09 November 2026. The shares were bought on the Hong Kong Stock Exchange at a uniform price of HKD 1.55 each, bringing total consideration to HKD 0.11 million.

Post-transaction, the company’s issued share capital (excluding treasury shares) edged down 0.004% to 1.97 billion shares, while treasury shares increased to 46.90 million. The overall issued share count remained steady at 2.01 billion, as the repurchased stock is being held in treasury rather than cancelled.

The buyback forms part of a broader mandate approved on 26 June 2026 that permits Edding Genor to repurchase up to 199.07 million shares. Including the latest transaction, the company has repurchased 23.61 million shares under this authority, equivalent to 1.19% of the shares outstanding at mandate approval.

In line with Hong Kong listing rules, a 30-day moratorium on new share issues or treasury share sales is in effect until 09 December 2026.

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