FilingReader Intelligence

Shandong Weigao boosts treasury holdings with latest share repurchase

November 14, 2025 at 09:11 AM UTCBy FilingReader AI

Shandong Weigao Group Medical Polymer Company Limited, a listed issuer on the Hong Kong Stock Exchange, repurchased 360,000 ordinary H shares on November 14, 2025. The buyback was executed on the Exchange at prices ranging from HK$5.47 to HK$5.5 per share, with an aggregate cost of HK$1,976,000. These repurchased shares will be held as treasury shares, increasing the company's treasury holdings to 24,870,000 shares.

This transaction resulted in a 0.008% reduction in the number of issued shares (excluding treasury shares), bringing the total to 4,497,462,324. The total number of issued shares remains unchanged at 4,522,332,324. The repurchase was conducted under a mandate granted on May 27, 2025, which authorized the company to repurchase up to 451,560,392 shares.

Following this latest repurchase, the company has now repurchased a total of 18,221,600 shares under the current mandate, representing 4.0353% of the issued shares (excluding treasury shares) as of the mandate date. A moratorium period for new share issues or sales of treasury shares is in effect until December 13, 2025.

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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