HealthyWay (HKG:2587) plans to repurchase up to HK$100 million worth of shares in the open market over the next five months, the company said in a Monday Hong Kong bourse filing.

The buyback will be conducted under the general mandate approved at its June 3 annual meeting, which authorizes the repurchase of up to 87.8 million shares, or 10% of its issued capital at the time.

Repurchased shares will be held as treasury stock and may be cancelled, used for share awards, or applied for other permitted purposes, depending on the capital needs. The repurchase will be funded entirely through internal resources, the filing said.