Greentown Service Group Co. Ltd. disclosed a dual equity transaction on 7 September 2026, involving a small option-related share issue and a larger on-market buyback that modestly reduced its free-float.
The company allotted 2,000 new ordinary shares upon employee option exercises under the 16 June 2023 share option scheme at HKD 3.494 per share. This issuance expanded outstanding share capital by just 0.00006 %.
On the same day, Greentown Service repurchased 450,000 ordinary shares on the Hong Kong Stock Exchange at prices between HKD 4.245 and HKD 4.340, for a volume-weighted average cost of HKD 4.2789 per share. The aggregate consideration totalled HKD 1.93 million. All repurchased shares were retained as treasury stock.
Net of both transactions, issued shares (excluding treasury) declined by 448,000 to 3.12 billion, while treasury shares rose to 40.52 million. Total issued shares, including treasury stock, edged up by 2,000 to 3.16 billion.
The buyback formed part of the repurchase mandate approved on 18 June 2026, which authorises Greentown Service to acquire up to 313.14 million shares. Cumulative repurchases under this mandate now stand at 17.99 million shares, representing 0.57 % of the company’s issued share capital at the mandate date. Following the latest repurchase, the company is subject to a 30-day moratorium on new share issues or treasury-share sales, ending 7 October 2026.