MAN WAH HLDGS (01999) Repurchases 1.97 Million Shares for HK$7.113 Million on May 20

Stock News
May 20

MAN WAH HLDGS (01999) announced that, pursuant to the general mandate granted by the company's shareholders at the annual general meeting held on June 30, 2025, the company repurchased 1.97 million of its own shares from the market on May 20, 2026. The highest price paid per share was HK$3.65 and the lowest price was HK$3.59. The total consideration for the repurchase amounted to approximately HK$7.113 million (excluding commissions and expenses). The repurchased shares will subsequently be cancelled. The company currently maintains a healthy and robust cash flow from operating activities. The Board believes that the share repurchase and subsequent cancellation of the repurchased shares will enhance returns to shareholders and also reflects the Board's confidence in the company's future prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10