Fenbi (02469) Announces 1,000,000-Share Repurchase at HKD 3.0184 Average

Bulletin Express
2025/11/06

On 06 November 2025, Fenbi (02469) disclosed a repurchase of 1,000,000 ordinary shares on the Stock Exchange at prices ranging from HKD 2.99 to HKD 3.04 per share. The total consideration paid was HKD 3,018,400, reflecting an average repurchase price of approximately HKD 3.0184 per share.

Following this activity, the number of issued shares (excluding treasury shares) stands at 2,234,526,530, while treasury shares have increased to 1,782,500, for a combined total of 2,236,309,030 issued shares. According to the filing, the share repurchase mandate was granted on 27 June 2025, authorizing a total of 223,368,003 shares for repurchase. The cumulative number of shares repurchased under this mandate is 1,782,500, representing approximately 0.0798% of the issued shares as of the resolution date.

The disclosure confirms that all repurchase activities complied with relevant regulations and that a moratorium on any new share issuance or treasury share transaction will remain in effect until 06 December 2025.

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