Shandong Weigao repurchases shares on HKEX, holds as treasury

Shandong Weigao Group Medical Polymer Company Limited (HKEX:1066) announced today that it repurchased 468,800 of its own ordinary shares on the Hong Kong Stock Exchange on April 2, 2025. The shares were repurchased at prices ranging from HKD5.99 to HKD6.10 per share, with the company paying a total of HKD2,836,132. The repurchased shares will be held as treasury shares, increasing the total number of treasury shares held by the company to 2,576,800. Following the repurchase, Shandong Weigao's total issued shares stands at 4,522,332,324. The company has a general mandate to repurchase up to 10% of shares since May 28, 2024 and shares repurchased on April 2, 2025 accounts for 0.5698% of the total issued shares.