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Jacobio management boosts stake, company repurchases shares

September 25, 2025 at 10:19 PM UTCBy FilingReader AI

Jacobio Pharmaceuticals Group announced that its "Concert Parties" – key stakeholders acting in concert – have purchased an additional 11,058,650 shares between July 16, 2025, and September 26, 2025. This acquisition involved approximately HK$96.34m, excluding commissions. As of September 26, 2025, the Concert Parties collectively hold 200,157,285 shares, representing approximately 25.28% of the total issued shares. The Concert Parties expressed strong confidence in the company's prospects and may further increase their holdings.

Concurrently, Jacobio has repurchased 326,400 of its own shares since July 15, 2025, through its "Share Repurchase Plan." These repurchases amounted to approximately HK$2.67m, with the company noting that the current share price does not reflect its intrinsic value. The board views the company's business operations and product pipeline progress favorably, attributing the share repurchases and management's increased stake to strong confidence in its fundamentals and long-term growth.

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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