YSB Announces Share Repurchase of 35.37 Million Shares Under Incentive Scheme

Stock News
08/20

YSB (09885) has disclosed that between 23 March 2026, the day the blackout period concluded following the release of its 2025 annual results, and 21 July 2026, when the blackout period commenced ahead of its 2026 interim results announcement—excluding both endpoints—the trustee, operating under a trust arrangement established with the company, repurchased a total of 35.3656 million shares from the market.

These buybacks were executed to satisfy awards granted under the share incentive plan, at a total consideration of HK$159 million, translating to an average price of approximately HK$4.49 per share. Under the trust arrangement, the trustee is tasked with holding and managing the funds and assets in trust for the benefit of eligible participants, in accordance with the share incentive plan and the associated trust terms.

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