CR BEVERAGE (02460.HK): Automatic buyback of up to HK$300 million
- The HKD 300 million plan is part of a programme of up to HKD 530 million disclosed on 30 June 2026.
- It starts on 3 November 2026 and ends at the earliest of 12 months, HKD 300 million paid, or early termination.
NewTimeSpace News: On 2 November 2026, China Resources Beverage (Holdings) Company Limited (stock code: 02460) said it had signed an agreement with an independent broker under which the broker will buy back up to HKD 300 million of shares on the Stock Exchange under preset parameters, as part of the HKD 530 million programme disclosed on 30 June 2026.
The automatic buyback starts on 3 November 2026 and ends on the earliest of 12 months from that date, total consideration reaching HKD 300 million, or early termination under the agreement. Purchases will be made under the general mandate granted on 1 June 2026, and all shares bought back will be cancelled. The Stock Exchange granted a waiver from Rule 10.06(2)(e) to allow purchases during restricted periods; safeguards include an irrevocable, non-discretionary structure, a single independent broker, information barriers and a start at least 30 days before the next restricted period.
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