Luks Group (VN) Buys Back 600,000 Shares on 2 July; Total Repurchases Reach 2.05 Million Shares under June Mandate

Bulletin Express
Jul 02

Luks Group (Vietnam Holdings) Company Limited (Luks Group (VN)) disclosed that it repurchased 600,000 ordinary shares on 2 July 2026 via on-market transactions at HK$0.80 each, deploying HK$0.48 million.

Including this latest transaction, cumulative buybacks since the 11 June 2026 launch of the current mandate stand at 2.05 million shares, equivalent to 0.41% of the 501.62 million issued shares outstanding on the mandate date (4 June 2026). All repurchased shares are intended for cancellation and have not yet been retired.

Key details • Outstanding share capital: unchanged at 501.62 million shares as of 2 July 2026. • Authorised buyback capacity: 50.16 million shares, leaving 48.11 million shares (≈ 9.59% of issued share capital) still available under the mandate. • Average repurchase prices (11 Jun–2 Jul 2026): HK$0.79–0.87 per share. • Post-repurchase moratorium: the company is restricted from issuing new shares or selling treasury shares until 31 July 2026, in line with HKEX rules.

Luks Group (VN) confirmed that all repurchases complied with Hong Kong Main Board Listing Rules and relevant regulations, and no material changes have occurred to the previously filed Explanatory Statement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10