Shandong Weigao Group repurchases shares for HKD 974,856

On May 2, 2025, Shandong Weigao Group Medical Polymer Company Limited (HKEX:1066) repurchased 171,600 of its own shares on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 5.62 to HKD 5.7 per share, resulting in a total expenditure of HKD 974,856. The company intends to hold these repurchased shares as treasury shares. This buyback represents 1.1504% of the shares authorized for repurchase under a mandate approved on May 28, 2024. The company is also subject to a moratorium on issuing new shares or selling treasury shares until June 2, 2025.