Bairong Inc. (06608) Announces Share Repurchase and New Share Issuance Details

Bulletin Express
02/05

On 05 February 2026, Bairong Inc. (06608) recorded adjustments to its WVR Class B ordinary shares. A total of 100,000 shares were repurchased at an average price of HKD 10.9661 each and added to treasury. Simultaneously, 60,000 new shares were issued under the Company’s post-IPO share option scheme at HKD 9.602 per share.

After these transactions, the Company’s issued shares (excluding treasury shares) stand at 383,219,732, while treasury shares total 14,333,500, bringing overall share capital to 397,553,232. Additionally, the Company has previously repurchased an aggregate of 3,274,500 shares between April and June 2025 for cancellation, although these shares have yet to be canceled.

Under the repurchase mandate dated 30 May 2025, Bairong Inc. is authorized to repurchase up to 46,654,089 shares, of which 14,944,500 shares (approximately 3.2033% of the initially authorized total) have been repurchased so far. As stipulated in the Company’s disclosure, new share issuances or transfers of treasury shares are subject to a moratorium period through 07 March 2026.

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