Pacific Textiles cancels 10.93 million shares, trimming outstanding stock by 0.79%
Bulletin Express
Aug 17
Pacific Textiles Holdings Limited cancelled 10.93 million ordinary shares on 17 August 2026, reducing its issued share capital by 0.79%. The shares had been repurchased on the market between 29 June and 10 August 2026 at prices ranging from HKD 0.85 to HKD 1.00 per share (volume-weighted average: HKD 0.90).
Following the cancellation, the company’s outstanding share count declined from 1.39 billion to 1.38 billion shares. The aggregate cash consideration for the repurchases amounted to approximately HKD 9.85 million.
The board confirmed that the repurchase programme complied with all relevant requirements under the Hong Kong Stock Exchange Listing Rules and applicable regulations.
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