Binhai Investment repurchases shares, boosts treasury holdings

Binhai Investment Company Limited (stock code 02886) announced a share repurchase on November 25, 2025. The company repurchased 10,000 ordinary shares on the Exchange at a price of HK$1.12 per share, totaling an aggregate price paid of HK$11,200. These shares are now held as treasury shares, increasing the number of treasury shares from 9,952,000 to 9,962,000.

Following this event, the number of issued shares (excluding treasury shares) decreased by 10,000, moving from 1,373,303,112 to 1,373,293,112. This repurchase represents 0.0007% of the existing number of issued shares before the event. The total number of issued shares for the company remains unchanged at 1,383,255,112.

The company's resolution granting the repurchase mandate was approved on May 9, 2025, authorizing the repurchase of up to 137,405,111 shares. To date, 758,000 shares, representing 0.055% of the issued shares (excluding treasury shares) as of the mandate date, have been repurchased. The moratorium period for any new share issues or sales/transfers of treasury shares after this repurchase extends until December 25, 2025.