BOE Varitronix Limited disclosed that its trustee repurchased 255,000 ordinary shares on-market between 13 April and 17 April 2026 to satisfy present and future grants under the company’s Share Award Plan adopted on 28 August 2020.

The transactions were executed at an average price of HK$4.2522 per share, resulting in a cash outlay of approximately HK$1.08 million (excluding expenses). The repurchased shares represent about 0.032% of the company’s current issued share capital.

Management reiterated that the purchases aim to ensure adequate share supply for long-term incentive awards designed to retain key talent, attract new professionals, and align selected participants’ interests with those of shareholders. The board stated that the prevailing market price does not fully reflect the group’s intrinsic value or business prospects, and that the company’s existing financial resources are sufficient to fund further purchases without compromising its balance-sheet strength.

Future repurchases under the Share Award Plan will depend on market conditions and remain at the board’s discretion, with no commitment on timing, volume or price. Shareholders and prospective investors are advised to exercise caution when dealing in the company’s shares.