Wai Chi Holdings Announces Share Buy-back Plan up to HK\$20 Million
Key Points for Investors
- Share Buy-back Mandate Granted: Wai Chi Holdings Company Limited (“the Company”) received shareholder approval at its Annual General Meeting (AGM) on 27 May 2026 for a share buy-back mandate, authorizing the Board to repurchase up to 10% of the total issued share capital, equivalent to a maximum of 21,972,500 shares.
- Maximum Buy-back Amount: The Board has resolved to allocate up to HK\$20 million for the share buy-back program. The repurchase price for each share will not exceed 5% above the average closing price over the five preceding trading days.
- Timing and Execution: Buy-backs will be executed on the Hong Kong Stock Exchange in the open market at any time and from time to time, depending on market conditions and at the Board’s sole discretion.
- Compliance: All buy-backs will strictly adhere to the Listing Rules, the Securities and Futures Commission requirements, the Codes on Takeovers and Mergers and Share Buy-backs (Takeovers Code), the Companies Act of the Cayman Islands, and other applicable regulations.
- Treasury Shares: Repurchased shares will be held as treasury shares, properly identified and segregated. Any sale of treasury shares will comply with Listing Rules.
- Funding: The buy-back program will be funded using the Company’s existing legally available cash reserves, and the Board believes this will not affect the Company’s financial stability or growth prospects.
- Rationale and Expected Impact: The Board believes the buy-back will benefit shareholders by potentially enhancing net asset value per share and/or earnings per share, thereby optimizing returns and creating value.
- Discretion and Market Conditions: The Board will only conduct buy-backs with due regard to the Company’s business performance, growth, financial condition, and overall market environment. The exact amount, timing, and price of share buy-backs are not assured.
- Public Float and Takeovers Code: The Company will ensure sufficient public float is maintained and no mandatory general offer obligations arise under the Takeovers Code.
- Insider Trading Restrictions: The Company will not purchase shares during periods when it possesses material inside information or in the 30 days prior to results announcements, unless exceptional circumstances apply.
- Current Status: As of the date of the announcement (5 June 2026), no shares have yet been repurchased under this mandate.
What Shareholders Need to Know
- Potential Price Sensitivity: The announcement of a substantial buy-back plan (up to HK\$20 million) could have a positive impact on the share price by signaling the Board’s confidence in the Company’s outlook and commitment to enhancing shareholder value.
- No Guarantee of Execution: There is no assurance that any buy-backs will occur, nor the timing, volume, or price of repurchases. Execution is subject to market conditions and at the Board’s absolute discretion.
- Caution Advised: Shareholders and potential investors are urged to exercise caution when dealing in the Company’s shares, given the discretionary and market-dependent nature of the buy-back program.
Board Statement
The Board expresses confidence in Wai Chi Holdings’ business outlook and long-term growth. They emphasize that buy-backs will only occur if they align with the Company’s business performance and the best interests of shareholders. The buy-back program is intended to optimize shareholder returns and support the Company’s share price.
Directors and Corporate Information
- Chairman and CEO: Mr. Chen Chung Po
- Executive Directors: Ms. Luk Fong, Ms. Yiu Kwan Yu, Ms. Yong Jian Hui
- Independent Non-Executive Directors: Mr. Au Yeung Tin Wah, Mr. Ho Chi Wai, Mr. Yu Zhenyu
- Date of Announcement: 5 June 2026
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The implementation of the share buy-back program is subject to market conditions and Board discretion. Investors should exercise caution and consult professional advisors before making investment decisions.
偉志控股宣佈高達2,000萬港元股份回購計劃
投資者重點
- 股份回購授權通過： 偉志控股有限公司於2026年5月27日股東週年大會獲通過股份回購授權，董事會可回購最多相當於已發行股本10%（即21,972,500股）股份。
- 回購金額上限： 董事會決議動用最多2,000萬港元進行股份回購。每股回購價不高於回購日前五個交易日平均收市價的5%。
- 執行時間及方式： 回購將於香港聯交所公開市場按情況不時進行，視乎市況及董事會全權酌情決定。
- 合規： 所有回購均嚴格遵守上市規則、證監會要求、《收購及合併及股份回購守則》、開曼群島公司法及其他適用法規。
- 庫藏股處理： 回購股份將作庫藏股妥善識別及分隔，任何出售庫藏股將遵守上市規則。
- 資金來源： 回購計劃將以公司現有合法現金儲備資金進行，董事會認為不會影響財務穩健及增長前景。
- 理由及預期影響： 董事會認為回購有助提升每股資產淨值及/或每股盈利，優化股東回報及創造價值。
- 酌情與市況： 回購將審慎考慮公司表現、增長、財務狀況及整體市況，具體金額、時機及價格不保證。
- 維持公眾持股及收購守則： 公司將確保有足夠公眾持股，並不會觸發強制全面收購責任。
- 內幕消息回購限制： 公司於知悉內幕消息後至消息公佈前及業績公佈前30日內（除特殊情況外）將不會回購股份。
- 現時狀況： 截至2026年6月5日，尚未根據此次授權回購任何股份。
股東需知及潛在價格影響
- 潛在敏感及影響股價事項： 高達2,000萬港元回購計劃顯示董事會對公司前景信心，有望支持及提升股價。
- 執行無保證： 回購未必一定執行，亦無確定時間、數量或價格，完全取決於市況及董事會酌情。
- 建議審慎： 股東及潛在投資者於買賣公司股份時應審慎行事。
董事會聲明
董事會對公司業務前景及長遠發展充滿信心，並強調回購將以公司表現及全體股東最佳利益為依歸，意在優化回報及支持公司股價。
董事及公司資料
- 主席兼首席執行官：陳仲波先生
- 執行董事：陸芳女士、姚君瑜女士、雍建慧女士
- 獨立非執行董事：歐陽天華先生、何志偉先生、余振宇先生
- 公告日期：2026年6月5日
免責聲明
本文僅供參考，並不構成任何投資建議。股份回購計劃執行與否取決於市況及董事會決定。投資者作出投資決定前，應審慎考慮及諮詢專業意見。
