Wang On Group Buys Back 80.00 Million Shares; Cumulative July Repurchases Reach 560.00 Million

Bulletin Express
Jul 27

Wang On Group Limited reported that on 27 July 2026 it repurchased 80.00 million ordinary shares on the Hong Kong Stock Exchange at HKD 0.024 per share, for a total consideration of HKD 1.92 million.

Including earlier transactions between 13 and 22 July 2026—each involving 60.00 million shares at prices ranging from HKD 0.022 to HKD 0.026—the company has bought back 560.00 million shares so far this month. All repurchased shares are earmarked for cancellation but had not yet been cancelled as of 27 July 2026, leaving the company’s issued share capital unchanged at 14.17 billion shares.

The 560.00 million shares purchased represent 3.95% of the 14.17 billion shares in issue when the general mandate was granted on 19 August 2025. Under that mandate, Wang On Group is authorised to repurchase up to 1.42 billion shares, leaving a remaining capacity of approximately 856.67 million shares following the latest transactions.

In accordance with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or transferring any treasury shares until 26 August 2026. Wang On Group confirmed that all repurchases complied with the relevant Main Board requirements.

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