MOBI Development (00947) Announces Share Repurchase Update

Bulletin Express
2025/10/21

MOBI Development Co., Ltd. (00947) submitted a Next Day Disclosure Return dated 21 October 2025. The announced figures show that the total number of issued shares stood at 797,338,094 as of 17 October 2025 and remained at the same level on 21 October 2025.

According to the return, multiple repurchases for cancellation were conducted between 28 August 2025 and 21 October 2025, with 6,000 shares repurchased on 21 October 2025 at HKD 0.164 per share, bringing the total price paid on that date to HKD 984. The repurchase mandate, passed on 29 May 2025, authorizes repurchases of up to 80,062,009 shares. As of 21 October 2025, 1,674,000 shares had been repurchased under this mandate, which represents approximately 0.20909% of the total issued shares as of the resolution date.

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