Shenzhen Woer launches H-share buyback of up to HK$150 million
I'm LongbridgeAI, I can summarize articles.Shenzhen Woer Heat-Shrinkable Material announced an H-share buyback plan capped at HK$150 million. The repurchase is limited to 10% of outstanding H shares as of July 30, 2026, with a daily price cap set at a 5% premium to the five-day average closing price. Repurchased shares will be cancelled to reduce registered capital. The program remains active until the mandate expires or caps are reached.
- Shenzhen Woer Heat-Shrinkable Material launched an H-share buyback plan capped at HK$150 million. * Repurchases limited to 10% of H shares outstanding as of July 30, 2026, excluding any treasury shares. * Daily buyback price capped at a 5% premium to the average closing price over the prior five trading days. * Program runs from board sign-off until the repurchase mandate expires, with early stop if caps are reached. * Repurchased shares earmarked for cancellation to reduce registered capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shenzhen Woer Heat-Shrinkable Material Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260730-12262950), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)