Huabao Intl slashes share count, cancels 6.79 million repurchased shares—outstanding stock down 0.21%

Bulletin Express
Aug 07

Huabao International Holdings Limited (Huabao Intl) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 7 August 2026, confirming the cancellation of 6.79 million ordinary shares previously repurchased on the market between 22 May and 24 July 2026.

The cancelled shares, acquired at prices ranging from HKD 2.87 to HKD 3.80, carried a volume-weighted average repurchase price of roughly HKD 3.41, implying a total cash outlay of about HKD 23.12 million.

Post-cancellation, Huabao Intl’s issued share capital fell to 3.22 billion shares from 3.23 billion, trimming the share base by approximately 0.21%. The company holds no treasury shares, and no further shares remain pending cancellation.

The board affirmed that all repurchases and cancellations were duly authorised and executed in full compliance with the Main Board Listing Rules and other applicable regulations.

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