Wing On International (00289) Reports Share Repurchases and Maintains Issued Capital

Bulletin Express
Feb 02

Wing On International (00289) announced that its total number of issued shares remained at 288,453,000 on 2 February 2026, unchanged from the opening balance as of 31 January 2026. However, the company repurchased shares for cancellation on several dates but had not yet canceled a portion of them by the closing balance date. Specifically, 24,000 shares and 20,000 shares were repurchased on 28 January and 30 January 2026, respectively, while another 11,000 shares were repurchased on 2 February 2026 at a volume-weighted price of HKD 13.8391.

The disclosure also shows that on 2 February 2026, 11,000 shares were repurchased on the Exchange at prices between HKD 13.83 and HKD 13.85, totaling HKD 152,230. Under the share repurchase mandate approved on 16 June 2025 for up to 28,925,200 shares, 854,000 shares in total had been repurchased as of the announcement date, representing approximately 0.2952% of the company's issued share capital at the time the mandate was granted. A moratorium on new issues or sales of treasury shares remains in effect until 4 March 2026.

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