Weigao Group buys back 148,400 H-shares for HKD 0.52 million, treasury stock rises to 54.55 million

Bulletin Express
May 08

Shandong Weigao Group Medical Polymer Company Limited (Weigao Group) disclosed a Next Day Disclosure Return detailing its latest on-market share repurchase.

Key points • Transaction date: 08 May 2026 • Shares repurchased: 148,400 H-shares • Price range: HKD 3.48–3.52 per share; volume-weighted average price HKD 3.507 • Aggregate consideration: HKD 0.52 million • Repurchase method: on the Hong Kong Stock Exchange

Capital structure after the transaction • Issued shares outstanding (excluding treasury): reduced to 4,467.78 million, down 0.0033% from the previous day. • Treasury shares: increased to 54.55 million. • Total issued shares (including treasury): unchanged at 4,522.33 million.

Repurchase mandate utilisation • Authorised under shareholder mandate dated 27 May 2025 to buy back up to 451.56 million shares. • Cumulative repurchases under the mandate: 47.90 million shares, equivalent to 10.61% of the issued share base on the mandate date. • Moratorium: the company is restricted from issuing new shares or disposing of treasury shares until 08 June 2026.

The board confirmed that the repurchase complied with Hong Kong Listing Rules and all relevant legal requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10