Billion Industrial Holdings announces share buyback program

Billion Industrial Holdings Limited (02299) announced on December 8, 2025, a series of share repurchases, totaling 20,000 ordinary shares on the Exchange. The repurchases were made at prices ranging from HK$4.59 to HK$4.63 per share, with an aggregate price paid of HK$92,200. These shares are currently held for cancellation, reducing the number of issued shares.

The company's closing balance of issued shares (excluding treasury shares) as of December 8, 2025, stands at 2,112,452,000. The repurchase mandate, approved on May 23, 2025, authorized the repurchase of up to 211,532,800 shares. To date, 4,102,000 shares have been repurchased on the Exchange, representing 0.1939% of the issued shares as of the mandate date.

Additionally, the disclosure includes a detailed list of shares repurchased but not yet cancelled throughout September, October, November, and on December 8, 2025. These individual repurchases ranged from 6,000 to 400,000 shares, at prices varying between HK$4.17 and HK$4.87 per share.