Shandong Weigao repurchases H shares, reducing issued share count
Shandong Weigao Group Medical Polymer Company Limited repurchased 530,000 H shares on 16 September 2025, as detailed in its Next Day Disclosure Return. The shares were bought on the Exchange at prices ranging from HK$5.82 to HK$5.94 per share, with an aggregate price paid of HK$3,122,236.
This repurchase resulted in a decrease in the number of issued shares (excluding treasury shares) from 4,503,955,124 to 4,503,425,124, representing 0.0118% of the existing number of issued shares before the event. Consequently, the number of treasury shares increased from 18,377,200 to 18,907,200.
The repurchase was made under a mandate granted on 27 May 2025, which authorized the company to repurchase a total of 451,560,392 shares. With this recent transaction, the cumulative number of shares repurchased on the Exchange stands at 12,258,800, representing 2.7148% of the issued shares (excluding treasury shares) as at the mandate date. A moratorium period for new share issues or treasury share transfers is in effect until 16 October 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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