The latest announcement is out from AMTD Digital, Inc. Sponsored ADR ( (HKD) ).

On June 17, 2026, The Generation Essentials Group, a subsidiary of AMTD Digital Inc., announced that its board had approved a share repurchase program of up to US$10 million of its ordinary shares to be funded from existing cash, with purchases to be executed in the open market, block trades, or other permitted methods under U.S. securities rules. The move follows a series of hotel acquisitions that lifted TGE’s total assets to about US$1.7 billion and net assets to roughly US$971 million as of year-end 2025, increases of 17.7% and 15.8% respectively, and is intended to capitalize on what the board sees as a sharp discount of the stock to asset value and to signal confidence in the company’s long-term prospects and capital strength.

Concurrently, TGE disclosed that its controlling shareholder AMTD Digital, along with TGE directors and management, had voluntarily agreed not to sell any of their TGE shares for two years from June 17, 2026, reinforcing their long-term commitment to the business and aiming to reassure investors about insider alignment. Together, the buyback authorization and insider lock-up underscore a strategy to support the share price, highlight the group’s expanding asset base in hospitality and media properties, and potentially improve TGE’s positioning in equity markets where its stock has been trading below underlying asset values.