Anton Oilfield repurchases HK$4.99m in shares, signaling capital management

Anton Oilfield Services Group, listed on the Exchange, announced on October 16, 2025, that it repurchased 4,500,000 ordinary shares. The repurchases were executed at prices ranging from HK$1.08 to HK$1.13 per share, with an aggregate price paid of HK$4,999,050. These shares are intended for cancellation, reflecting the company's ongoing capital management strategy.

This recent activity adds to a series of repurchases, with previous transactions occurring on August 28, October 6, October 8, and October 15, 2025. The total number of shares repurchased for cancellation but not yet cancelled stands at 24,776,000 as of the closing balance date, representing 0.84% of the company's issued shares prior to the resolution granting the repurchase mandate.

The company's current repurchase mandate, approved on May 27, 2025, authorizes the repurchase of up to 296,164,785 shares. Anton Oilfield Services Group has also set a moratorium period for any new share issues or treasury share sales until November 15, 2025, following the recent repurchase activities.