Pacific Textiles Cancels 10.93 Million Shares in August 2026, Maintains Public Float

Bulletin Express
Sep 07

Pacific Textiles Holdings Limited reported that its issued share count fell by 10.93 million during August 2026, driven entirely by the cancellation of shares previously repurchased on the market.

• Share capital structure – Authorised capital remained unchanged at 5.00 billion ordinary shares with a par value of HKD 0.001, equivalent to HKD 5.00 million. – Issued shares declined to 1.38 billion (1,375.44 million) from 1.39 billion (1,386.37 million) at end-July, reflecting a 0.79% contraction. Based on par value, issued share capital now stands at approximately HKD 1.38 million.

• Repurchase activity – A total of 10.93 million shares were cancelled on 17 August 2026. The cancelled stock comprised repurchases executed on: 1) 29–30 June 2026 (5.00 million shares), 2) 2–31 July 2026 across multiple trading days (5.58 million shares), and 3) 10 August 2026 (0.35 million shares).

• Compliance confirmation The company affirmed that it continued to meet the Main Board’s minimum 25% public-float requirement as at 31 August 2026.

No new share options, warrants, convertibles, or other equity-linked instruments were issued during the month.

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