BOE Varitronix Limited announced that its trustee bought 400,000 shares on the open market between 30 March and 2 April 2026 under the company’s Share Award Plan.

The purchase represents 0.051% of the current issued share capital. The average consideration was HK$4.0652 per share, bringing the total outlay—excluding transaction costs—to HK$1.63 million.

According to the board, the repurchased shares will be reserved for future grants to selected participants, aiming to retain and attract talent while aligning employee and shareholder interests. Management stated that the trading price does not reflect the company’s intrinsic value and that available financial resources are sufficient to support ongoing share purchases without compromising the balance sheet.

The company plans to continue buying shares for award purposes based on grant and vesting schedules but highlighted that the timing, quantity and pricing of any further purchases will depend on prevailing market conditions.