AXERA (00600.HK): Trustee buys 2,519,200 H shares under award scheme
- The independent professional trustee was authorised by the Board to make the on-market purchases under the scheme rules and trust deed.
- The independent professional trustee was authorised by the Board to make the on-market purchases under the scheme rules and trust deed.
NewTimeSpace News: On 15 October 2026, Axera Semiconductor Co., Ltd. (stock code: 00600.HK) voluntarily announced that it has authorised the independent trustee of its H-share award scheme, adopted on 26 June 2026, to buy its H shares on-market at prevailing prices under the scheme rules and trust deed.
During 15 September to 14 October 2026, the trustee bought 2,519,200 H shares, about 0.43% of existing issued shares (excluding treasury shares), at an average of HKD 21.17 each for HKD 53.31 million in total. The shares are held on trust for grantees, and unvested H shares held by the trustee after the purchases totalled 2,519,200.
The Board said the H shares are undervalued, saying the purchases support future grants, align grantees with the Company and shareholders and will sustain the Group's leading position in AI inference SoC.
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