FilingReader Intelligence

Shandong Weigao boosts treasury, repurchases continue

September 1, 2025 at 12:10 PM UTCBy FilingReader AI

On September 1, 2025, Shandong Weigao Group Medical Polymer Company Limited repurchased 380,000 H shares on the Exchange. The average repurchase price for these shares was HK$5.8395, with the highest price being HK$5.86 and the lowest HK$5.8. The total price paid for this buyback amounted to HK$2,219,000. These repurchased shares will be held as treasury shares.

Following this transaction, the company's number of issued shares (excluding treasury shares) decreased from 4,511,363,924 to 4,510,983,924, representing a 0.0084% change. Concurrently, the number of treasury shares increased from 10,968,400 to 11,348,400. The total number of issued shares remains at 4,522,332,324.

The repurchase was executed under a mandate granted on May 27, 2025, which authorized the company to repurchase up to 451,560,392 shares. To date, 4,700,000 shares have been repurchased under this mandate, representing 1.0408% of the issued shares (excluding treasury shares) at the date of the resolution. A moratorium period for new share issues or sales of treasury shares after this repurchase extends until October 1, 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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