Beisen Holding Cuts Outstanding Shares via Buyback, Issues Minimal Option Shares

Bulletin Express
Sep 21

On 21 September 2026, Beisen Holding Limited reported a marginal contraction in its issued share capital and a simultaneous rise in treasury stock following a small-scale share repurchase and the exercise of employee options.

Key developments • Share repurchase: Beisen repurchased 350,000 ordinary shares on the Hong Kong Stock Exchange at prices between HK$3.00 and HK$3.05, for a total consideration of HK$1.06 million. All repurchased shares have been retained as treasury shares. • Option exercise: 5,000 new shares were issued under the company’s Pre-IPO Share Option Plan (adopted 15 July 2019). The shares were allotted at HK$0.00008 each. • Net share change: After accounting for both transactions, the company’s issued share count (excluding treasury shares) fell by 345,000 shares, or 0.05%, from 718.996 million to 718.651 million. • Treasury stock: Holdings of treasury shares rose from 19.08 million to 19.43 million. Total issued shares (including treasury stock) marginally increased to 738.08 million due to the option-related issuance.

Repurchase mandate utilisation Beisen’s current general mandate, approved on 17 September 2026, authorises repurchases of up to 71.92 million shares. To date, the company has bought back 0.60 million shares, representing 0.08% of the issued shares outstanding as at the mandate date, leaving substantial headroom for further purchases. A 30-day moratorium on new share issues or treasury-share sales remains in force until 21 October 2026, in line with Hong Kong listing regulations.

Capital structure implications The latest actions signal incremental balance-sheet management, with the modest net reduction in free-float shares potentially enhancing per-share metrics. The low exercise price of options (HK$0.00008) implies immaterial dilution, while the HK$3.02 volume-weighted average buyback price indicates the company’s willingness to deploy capital at prevailing market levels.

The disclosure, filed by Joint Company Secretary Liu Xianna, confirms compliance with the Hong Kong Stock Exchange’s Main Board rules and states no material changes to the repurchase mandate’s explanatory statement dated 22 June 2026.

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