Billion Industrial continues share buyback program into October

Billion Industrial Holdings Limited (HKEX: 02299) disclosed significant share repurchases in its Next Day Disclosure Return submitted on October 27, 2025. The company repurchased a total of 18,000 ordinary shares on the Exchange on October 27, 2025, at prices ranging from HK$4.47 to HK$4.59 per share, with an aggregate cost of HK$81,100. This brings the total number of shares repurchased on the Exchange to 3,886,000 since the resolution granting the repurchase mandate was approved on May 23, 2025.

These repurchases represent 0.1837% of the company's issued shares (excluding treasury shares) as at the date of the resolution granting the mandate. The total number of shares authorized for repurchase under the mandate is 211,532,800. The company confirmed that all repurchases were made in accordance with Main Board Rules and that no material changes to the Explanatory Statement have occurred.

The company also disclosed several other share repurchases not yet cancelled, occurring between September 2 and October 17, 2025, ranging from 6,000 to 400,000 shares on individual dates at various prices. The closing balance of issued shares as of October 27, 2025, stands at 2,112,452,000.