BOE Varitronix Limited disclosed that its trustee acquired 100,000 shares on 27 March 2026 to satisfy current and future grants under the company’s Share Award Plan adopted in August 2020.
The buy-back represents 0.013% of the company’s issued share capital. The average consideration per share was HK$4.10, bringing the total outlay (excluding transaction costs) to HK$0.41 million.
Management reiterated that the Share Award Plan aims to provide long-term incentives, align selected participants’ interests with those of shareholders, and help retain and attract key talent. The board views the purchase price as not reflecting the company’s intrinsic value and considers the transaction an efficient use of financial resources while maintaining a solid balance sheet.
Further market purchases may be conducted at the board’s discretion, subject to prevailing market conditions. Shareholders and potential investors were reminded to exercise caution when dealing in the company’s shares.
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