BUTONG GROUP Announces Trustee’s Purchase of Shares for Share Award Scheme

Date: February 16, 2026
Company: BUTONG GROUP (Stock Code: 6090)

Key Highlights

• Share Purchase by Trustee: On February 16, 2026, the Trustee of BUTONG GROUP’s Share Award Scheme purchased a total of 28,800 existing shares on the open market.
• Purpose: The purchased shares are intended to be used for the Company’s Share Award Scheme, which aims to incentivize and reward eligible participants.
• Purchase Details:
  • Purchase date: February 16, 2026
  • Total shares purchased: 28,800 shares
  • Percentage of total issued shares: Approximately 0.0317%
  • Total consideration (excluding expenses): HK\$3,841,860
  • Average consideration per share (excluding expenses): HK\$133.3979
  • Total number of shares held by Trustee after purchase: 269,700 shares
• Funding Source: The purchase was fully funded by the Company’s own financial resources, excluding any proceeds raised from the Company’s initial public offering or listing on the Hong Kong Stock Exchange.
• Shareholder Impact: The purchased shares are held by the Trustee and are subject to the rules of the Share Award Scheme and the relevant trust deed. Notably, the Trustee will not exercise any voting rights attached to these shares while held on trust.
• No Awards Granted Yet: As of the date of this announcement, no Awards have been granted under the Share Award Scheme.

Analysis and Potential Impact for Investors

• Significance: The Company’s move to purchase shares on-market for the Share Award Scheme demonstrates a commitment to employee and management incentives, which can be viewed positively by investors as a tool to align interests and drive long-term company performance.
• Price Sensitivity: While the total purchased shares represent a small fraction (0.0317%) of the total share capital, such buybacks can have a marginally positive effect on share price by reducing float and signaling management’s confidence in the company’s outlook.
• Financial Prudence: The purchase did not utilize funds from the company’s listing proceeds, indicating disciplined financial management and that these resources remain available for other corporate purposes or investments.
• Voting Rights: The shares held by the Trustee will not influence voting outcomes until they are awarded and transferred to eligible scheme participants.
• Future Developments: Investors should monitor future announcements to see when and to whom share awards are granted, as this could affect the share capital structure and potentially signal key management retention or performance incentives.

Board Composition

Executive Directors: Mr. Wang Wei (Chairman), Ms. Shen Ling, Mr. Yan Dong
Independent Non-executive Directors: Mr. Yan Jianjun, Mr. Yu Chun Kau, Ms. Chan Wing Ki

Disclaimer: This article is intended for general informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult professional advisors before making investment decisions. The information provided is based on the latest company announcement as of February 16, 2026, and may be subject to change.

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