Truly International boosts share buy-back programme; 12.99 million shares now pending cancellation

Bulletin Express
06/03

Truly International Holdings Limited disclosed that it repurchased 698,000 ordinary shares on 3 June 2026 at HK$0.99 each, spending HK$0.69 million. The transaction was executed on the Stock Exchange of Hong Kong and all shares bought will be cancelled.

Including this latest trade, the company has accumulated 12.99 million shares for cancellation between 4 May and 3 June 2026. The purchases, executed at prices ranging from HK$0.97 to HK$1.06, represent about 0.44% of Truly International’s 2.96 billion issued shares (excluding treasury shares) as at 1 June 2026. The estimated aggregate consideration for the series of buy-backs is approximately HK$13.12 million, implying a volume-weighted average repurchase price of roughly HK$1.01 per share.

Under the repurchase mandate granted on 12 May 2026, the board is authorised to buy back up to 297.13 million shares. As of 3 June, the company has utilised 9.64 million shares, equivalent to 0.32% of the share capital outstanding on the mandate date, leaving more than 287 million shares—over 96% of the mandate—still available.

Following the 3 June transaction, the total number of issued shares remains unchanged at 2.96 billion since the repurchased shares have not yet been cancelled. A 30-day moratorium on new share issues or treasury-share sales is in effect until 3 July 2026, in line with Hong Kong Stock Exchange rules.

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