Shandong Weigao boosts treasury holdings with latest share repurchase

Shandong Weigao Group Medical Polymer Company Limited (HKEX:1066) completed a share repurchase on November 27, 2025, buying back 420,000 H shares on the Exchange. The shares were repurchased at prices ranging from HK$5.5 to HK$5.64, with an aggregate price paid of HK$2,335,000. These repurchased shares will be held as treasury shares, increasing the total treasury share count from 26,696,000 to 27,116,000.

The repurchase represents 0.0093% of the existing number of issued shares (excluding treasury shares) before the event. The company's total issued shares remain at 4,522,332,324.

This latest repurchase falls under a mandate granted on May 27, 2025, which authorized the company to repurchase up to 451,560,392 shares. To date, 20,467,600 shares have been repurchased on the Exchange, representing 4.5326% of the issued shares (excluding treasury shares) as of the mandate date. A moratorium on new share issues or treasury share sales is in effect until December 26, 2025.