Billion Industrial continues share repurchase program in October

Billion Industrial Holdings Limited (02299) disclosed its ongoing share repurchase program, with a series of buybacks executed on the Exchange in October 2025. On October 17, 2025, the company repurchased 72,000 ordinary shares at prices ranging from HK$4.27 to HK$4.52, totaling an aggregate price of HK$317,560. This transaction represents 0.0034% of the existing number of issued shares before the event.

Earlier in October, the company made several other repurchases, including 46,000 shares on October 9 at HK$4.37, 212,000 shares on October 10 at HK$4.26, and 8,000 shares on October 15 at HK$4.41. These follow earlier repurchases in September. The total number of shares repurchased for cancellation as of October 17, 2025, reached 72,000 shares, all of which were repurchased on the Exchange.

The company holds a repurchase mandate authorized on May 23, 2025, for a total of 211,532,800 shares. As of October 17, 2025, 3,868,000 shares have been repurchased under this mandate, representing 0.1829% of the issued shares at the date of the resolution. The repurchases are consistent with Main Board Rules.