MOBI Development (00947) Announces Share Repurchases and Updated Share Capital
Bulletin Express
Feb 04
MOBI Development Co., Ltd. (00947) disclosed a reduction in its issued share capital following a series of share repurchases conducted from August 2025 to January 2026. These repurchased shares, totaling 493,000, were cancelled on February 4, 2026. The repurchase prices ranged from HKD 0.132 to HKD 0.19 per share.
As a result of these transactions, the number of issued shares (excluding treasury shares) decreased from 797,338,094 to 796,845,094 as of the closing balance date on February 4, 2026. The company confirmed that all required authorizations and regulatory obligations related to the share repurchases were fulfilled.
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