FilingReader Intelligence

Binhai Investment boosts treasury holdings through recent share buyback

November 5, 2025 at 05:02 PM UTCBy FilingReader AI

Binhai Investment Company Limited, an equity issuer listed on the Exchange under stock code 02886, announced on November 5, 2025, an increase in its treasury shares. The company repurchased 122,000 ordinary shares on the Exchange at a volume-weighted average price of HK$1.119 per share. The highest repurchase price was HK$1.13, and the lowest was HK$1.1. The aggregate price paid for these shares was HK$136,520.

Following this transaction, the number of issued shares (excluding treasury shares) decreased by 122,000 to 1,373,423,112, representing a 0.0089% change from the previous day's balance. Concurrently, the number of treasury shares held by the company increased to 9,832,000. The total number of issued shares, including treasury shares, remains at 1,383,255,112.

The repurchase was conducted under a mandate granted on May 9, 2025, which authorized the company to repurchase up to 137,405,111 shares. To date, 628,000 shares have been repurchased under this mandate, representing 0.046% of the issued shares (excluding treasury shares) at the time the mandate was granted. The moratorium period for any new share issues or sales of treasury shares after this repurchase extends until December 5, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:2886Hong Kong Exchange

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