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EEKA Fashion Holdings Limited ( (HK:3709) ) has provided an update.
EEKA Fashion Holdings Limited has disclosed that the trustee of its share award scheme purchased 320,000 company shares on 23 April 2026, representing about 0.0452% of its issued share capital, at an average price of roughly HK$6.71 per share. The shares, costing approximately HK$2.15 million before expenses, will be held on trust for selected participants under the scheme, signalling the group’s continued use of equity incentives and leaving room for further market purchases as the board deems appropriate.
The board stated it will periodically review and exercise discretion over the number of shares to be awarded and any additional purchases under the share award scheme. This approach underscores the company’s intention to align management and employee interests with shareholder value, potentially supporting staff retention and reinforcing confidence in EEKA Fashion’s long-term prospects in the competitive fashion retail sector.
More about EEKA Fashion Holdings Limited
EEKA Fashion Holdings Limited is a Hong Kong-listed fashion company engaged in the design, manufacture and retail of apparel. The company targets the Greater China market and is traded on the Main Board of the Hong Kong Stock Exchange under stock code 3709.
Average Trading Volume: 1,081,252
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.48B
For a thorough assessment of 3709 stock, go to TipRanks’ Stock Analysis page.