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Net-a-Go Technology executes share repurchase program

May 21, 2025 at 05:06 PM UTCBy FilingReader AI

Net-A-Go Technology Company Limited announced today that it repurchased 4,930,000 of its own shares on the Exchange on May 20, 2025. The shares were repurchased at prices ranging from HKD 1.19 per share, resulting in an aggregate price paid of HKD 5,866,700. These shares are intended to be held as treasury shares, and the company's closing balance of treasury shares now stands at 26,250,000. The repurchase represents approximately 0.6% of the existing issued shares excluding treasury shares, calculated before the event. As of the date of the resolution granting the repurchase mandate (June 24, 2024), Net-A-Go had authority to repurchase up to 79,500,000 shares, of which 26,250,000 have now been repurchased. No new share issues or transfers of treasury shares will occur for a period of 30 days up to June 20, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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