BLOKS Group buys back 300,000 shares for HK$14.34 million, treasury stock climbs to 1.80 million

Bulletin Express
06/18

BLOKS Group Limited disclosed on 18 June 2026 that it repurchased 300,000 ordinary shares on the Hong Kong Stock Exchange the same day, paying an aggregate HK$14.34 million. The on-market buy-back was executed at prices ranging from HK$46.28 to HK$48.48 per share, translating into a volume-weighted average cost of HK$47.79.

Post-transaction, the company’s outstanding share count (excluding treasury shares) slipped by 0.12% to 247.45 million. Treasury shares increased from 1.50 million to 1.80 million, while the total issued share capital remained unchanged at 249.25 million.

The purchase forms part of a mandate approved on 9 June 2026 that permits BLOKS to repurchase up to 24.79 million shares. Cumulative buy-backs under this authority now stand at 492,000 shares, equivalent to 0.20% of the issued shares as of the mandate date, leaving roughly 24.30 million shares—over 99% of the mandate—still available.

In accordance with Hong Kong listing rules, BLOKS is subject to a moratorium on issuing new shares or disposing of treasury shares until 18 July 2026.

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