Homeland Interactive Technology Ltd. (Homeland ITL) disclosed a small-scale share repurchase conducted on 31 August 2026 under its existing mandate.
Key Transaction Details • Volume and Value: The company repurchased 50,000 ordinary shares on the Hong Kong Stock Exchange at a fixed price of HKD 1.20 per share, resulting in a total cash outlay of HKD 60,000.
• Impact on Share Capital: – Issued shares outstanding (excluding treasury shares) declined to 1.26 billion from 1.26 billion, a marginal reduction of 0.00396%. – Treasury shares increased to 21.82 million from 21.77 million. – Total issued shares remained unchanged at 1.28 billion, as the repurchased shares are being held in treasury rather than cancelled.
Repurchase Mandate Utilisation • Authorised Limit: Shareholders approved a mandate on 12 June 2026 permitting buybacks of up to 127.45 million shares. • Cumulative Activity: Including the latest transaction, Homeland ITL has repurchased 12.93 million shares, representing about 1.01% of the company’s issued share base on the mandate date. • Remaining Capacity: Approximately 114.52 million shares remain available for purchase under the current authorisation.
Additional Information • No shares from the 31 August transaction have been cancelled; all repurchased shares are held as treasury stock. • A moratorium on new share issuance or disposal of treasury shares is in effect until 30 September 2026, in line with Hong Kong Stock Exchange regulations following on-market buybacks.
The company confirmed that the repurchase complied with Main Board and GEM rules and that no material changes have occurred to the explanatory statement filed with the Exchange.