Antengene Corporation(06996.HK): Plans Share Repurchase of Up to HK$50 Million

NewTimeSpace News: On June 25, 2026, Antengene Corporation(06996.HK) issued a voluntary announcement that the board has resolved to exercise the share repurchase mandate to buy back the Company’s shares on the open market from time to time subject to market conditions, with an aggregate maximum consideration capped at HK$50 million. As disclosed in the announcement, pursuant to the general repurchase authority granted by shareholders at the annual general meeting held on June 10, 2026, Antengene is permitted to repurchase up to 67,924,413 shares, representing 10% of the total issued shares (excluding treasury shares) as of that date.

The share repurchases will be financed by the Company’s internal resources. Depending on market conditions and capital management needs prevailing at the time of repurchases, the board may either cancel the repurchased shares subsequently or retain them as treasury shares.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.