BOE Varitronix Limited (Stock Code: 710) disclosed that on 19 November 2025, its trustee acquired 997,000 shares from the open market for HK$4,781,590 (excluding transaction costs). According to the announcement, the average price per share was HK$4.802, representing approximately 0.126% of the issued share capital.
From 8 April 2025 to 19 November 2025, the company purchased a total of 5,180,000 shares, accounting for around 0.654% of the issued share capital. The average purchase price during this period was HK$5.01, with an aggregate consideration of roughly HK$25,942,000 (excluding transaction costs).
The stated purpose of these purchases is to facilitate the Share Award Plan adopted on 28 August 2020, which intends to provide long-term incentives to selected participants. The board has indicated that the current purchase price does not reflect the intrinsic value or the business prospects of the company and views the share purchases as beneficial for shareholders. The company will continue to monitor market conditions and adjust purchases in line with share award needs while maintaining a solid financial position.