Binhai Investment Buys Back 82,000 Shares; Treasury Stock Rises to 17.38 Million

Bulletin Express
07/24

Binhai Investment Company Limited disclosed an on-market repurchase of 82,000 ordinary shares on 24 July 2026. The transaction, executed on the Hong Kong Stock Exchange, was completed at prices ranging from HKD 1.06 to HKD 1.09 per share, for a total consideration of HKD 0.09 million.

Following the buy-back, the number of issued shares (excluding treasury shares) decreased to 1.37 billion, representing a 0.006% reduction from the previous balance. Concurrently, treasury shares increased to 17.38 million, while the company’s total issued share count remained unchanged at 1.38 billion.

The repurchase forms part of the mandate approved on 8 May 2026, which authorises the company to buy back up to 136.64 million shares. Including the latest transaction, Binhai Investment has repurchased 570,000 shares under this mandate, equal to 0.042% of the issued shares outstanding on the approval date. A moratorium on new share issues or the sale or transfer of treasury shares is in place until 23 August 2026, in accordance with Hong Kong listing requirements.

Executive Director Gao Liang confirmed that the repurchase complied with relevant Main Board rules and the explanatory statement filed on 10 April 2026.

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