Pacific Textiles steps up buy-back drive: 10.93 million shares repurchased since late June, equal to 0.79% of share capital

Bulletin Express
Aug 10

Pacific Textiles Holdings Limited disclosed on 10 August 2026 that it has bought back a further 349,000 shares on-market at HKD 0.975-0.98 each, spending HKD 0.34 million. The purchase was executed under the repurchase mandate granted on 14 August 2025 and is subject to a 30-day moratorium on new share issues or treasury-share disposals until 10 September 2026.

Cumulative repurchases yet to be cancelled • Period covered: 29 June – 10 August 2026 • Total shares: 10.93 million • Average cost: HKD 0.90 per share • Aggregate consideration: about HKD 9.85 million • Percentage of existing issued shares: approximately 0.79% of the 1.39 billion shares outstanding as at 31 July 2026

Capital structure impact All 10.93 million repurchased shares remain in issue pending cancellation, leaving the share count unchanged at 1.39 billion. Once cancelled, outstanding shares would fall to roughly 1.38 billion, tightening the free float by about 0.79%.

Repurchase mandate utilisation Since the mandate took effect, Pacific Textiles has bought back 16.18 million shares, equivalent to 1.16% of the share count when the authority was granted and utilising just under 12% of the 139.16 million shares authorised for repurchase. The company retains headroom to continue buy-backs within the current mandate period.

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