Billion Industrial Holdings announces HK$1.76m share buyback
Billion Industrial Holdings Limited (HKEX:2299) disclosed a share repurchase of 400,000 ordinary shares on September 2, 2025, through the Exchange. The shares were bought back at a price of HK$4.4 per share, totalling an aggregate cost of HK$1,760,000. These repurchased shares are intended for cancellation, as indicated by the disclosure.
Prior to this event, the company's opening balance as of August 31, 2025, stood at 2,112,452,000 issued shares. Following the repurchase, the closing balance of issued shares as of September 2, 2025, remains 2,112,452,000, with the 400,000 repurchased shares not yet cancelled. The company has a mandate to repurchase up to 211,532,800 shares, with 3,262,000 shares already repurchased, representing 0.1542% of the issued shares as of the resolution date of May 23, 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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