BLOKS completes HK$42.06 million on-market buyback; 0.34% of shares to be cancelled

Bulletin Express
07/10

BLOKS GROUP LIMITED disclosed a fresh tranche of on-market share repurchases in a Next Day Disclosure Return filed on 10 July 2026.

Key details • Transaction size: 829,800 ordinary shares bought back on 10 July 2026. • Price range: HK$48.30–HK$51.20 per share, with a volume-weighted average cost of HK$50.6848. • Cash outlay: HK$42.06 million. • Share impact: The repurchased shares represent 0.34% of BLOKS’s 247.45 million issued shares (excluding 1.80 million treasury shares) as of 9 July 2026. These shares are earmarked for cancellation and therefore remain in issue until the cancellation is effected.

Cumulative mandate utilisation • Repurchase mandate granted on 9 June 2026 authorises buybacks of up to 24.79 million shares. • Including the latest transaction, BLOKS has repurchased 1.60 million shares to date, utilising approximately 0.64% of its authorised limit.

Capital structure snapshot (post-transaction, pre-cancellation) • Issued shares (excluding treasury): 247.45 million • Treasury shares: 1.80 million • Total issued shares: 249.25 million

Additional information Under listing rules, BLOKS is subject to a moratorium on new share issues or treasury share disposals until 9 August 2026, following the latest repurchase.

The board confirmed that all repurchase activities complied with Hong Kong Stock Exchange listing rules and relevant regulations.

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