GenFleet Therapeutics Executes HKD 4.22 Million Share Buyback, Reducing Free Float by 0.048%

Bulletin Express
Yesterday

GenFleet Therapeutics (Shanghai) Inc. repurchased 169,000 H-shares on 16 September 2026, spending HKD 4.22 million on‐market. The shares were bought at prices ranging from HKD 24.78 to HKD 25.22, representing a volume-weighted average of HKD 24.96 per share.

Post-transaction, the company’s outstanding share count (excluding treasury shares) fell to 351.14 million from 351.31 million, a 0.048% reduction. Treasury shares increased to 490,000, while total issued shares remained unchanged at 351.63 million.

The buyback forms part of the mandate approved on 11 May 2026, which authorises the repurchase of up to 37.04 million shares. Cumulative repurchases under this mandate now stand at 490,000 shares, equivalent to 0.13% of the company’s issued share capital at the mandate date.

In accordance with Hong Kong listing rules, GenFleet faces a moratorium on issuing new shares or selling treasury shares until 16 October 2026.

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