Man Wah Completes HK$7.21 Million Share Buyback, Cancels 2 Million Shares

Bulletin Express
05/21

Man Wah Holdings Limited executed an on-market repurchase of 2.00 million shares on 21 May 2026 under the general mandate approved at the 30 June 2025 AGM.

The transaction was carried out within a price range of HK$3.56 to HK$3.68 per share, utilising HK$7.21 million before brokerage and expenses. All repurchased shares will be cancelled.

Management cited “strong and healthy” operating cash flow and stated that cancelling the shares is expected to enhance shareholder returns, underscoring the Board’s confidence in the company’s prospects.

The Board noted that any further repurchases will depend on market conditions and remain at its absolute discretion, with no assurance on timing, quantity or price. Shareholders and investors are advised to exercise caution when trading the company’s securities.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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