Wang On Group Limited reported that it repurchased 60.00 million ordinary shares on 22 July 2026 via on-market transactions at HKD 0.026 per share, for a total consideration of HKD 1.56 million.
Including this latest tranche, the company has bought back 480.00 million shares between 13 and 22 July 2026 at prices ranging from HKD 0.022 to HKD 0.026 per share. All repurchased shares—each batch amounting to 60.00 million—are earmarked for cancellation but remained outstanding as of 22 July 2026.
Key metrics: • Issued share capital stood unchanged at 14.17 billion shares before and after the latest transaction, pending cancellation of the repurchased stock. • The accumulated 480.00 million shares repurchased represent 3.39 % of the company’s issued shares outstanding on 19 August 2025, the date when shareholders approved a mandate allowing buybacks of up to 1.42 billion shares. • Post-repurchase, Wang On Group is subject to a moratorium preventing new share issues or transfers of treasury shares until 21 August 2026, in line with Hong Kong Stock Exchange rules.
All repurchases were executed in compliance with Main Board Rule 10.06(4)(a) and the conditions of the company’s 2025 explanatory statement.