HashKey Holdings Ltd (HASHKEY HLDGS, 03887) announced on September 1 that it spent approximately HK$4.96 million to buy back 1.86 million of its own shares.
According to the company's filing, the repurchase was conducted at an average price of roughly HK$2.67 per share, reflecting management's confidence in the firm's long-term value and growth prospects.
The buyback is part of the company's broader capital management strategy aimed at enhancing shareholder returns and optimizing its capital structure in the current market environment.