Easou Technology Holdings Limited (Easou Tech) has announced a voluntary Share Repurchase Plan that authorises the company to buy back up to HKD20.00 million of its ordinary shares on the open market over the next six months.

The initiative will be executed under the general repurchase mandate granted by shareholders at the 27 June 2025 annual general meeting, which permits the repurchase of up to 10% of the company’s issued share capital. Repurchases will be funded from existing cash reserves.

Any shares acquired will be held as treasury stock and may later be cancelled, sold or transferred, including potential use for the 2025 Share Award Scheme II. The repurchase price for each share may not exceed 5% above the average closing price over the five trading days preceding the date of each transaction, in line with Hong Kong Listing Rules.

The board stated that the current share price does not reflect the company’s intrinsic value and views the programme as a medium- to long-term capital enhancement measure. Implementation will remain subject to market conditions, statutory limits, and the company’s public float requirement; the board retains full discretion on the timing, volume and pricing of any purchases.

The company does not expect the buy-back to trigger a mandatory general offer under the Takeovers Code nor to reduce public float below the required minimum. Investors are advised to exercise caution when dealing in Easou Tech securities.