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i-CABLE Communications ( (HK:1097) ) has shared an update.
i-CABLE Communications has called its annual general meeting for 23 June 2026 in Hong Kong, where shareholders will receive the audited consolidated financial statements for the year ended 31 December 2025 and consider a slate of routine corporate governance matters. The agenda includes the re-election of several executive and independent non-executive directors, approval for the board to set directors’ and auditor’s remuneration, re-appointment of PricewaterhouseCoopers as auditor, and authorisations for the board to buy back up to 10% of the company’s shares and to issue additional shares, potentially enhancing capital management flexibility and influencing future shareholder returns.
The proposed share buy-back mandate would allow i-CABLE’s board to repurchase a limited portion of its issued share capital on the open market during the authorised period, while the general mandate to issue new shares or dispose of treasury shares would equip the company with tools to raise capital or optimise its balance sheet if needed. These resolutions, if approved, would align i-CABLE with common Hong Kong corporate practices, reinforcing board discretion over capital structure and signalling continued reliance on established external auditing and governance frameworks that may reassure investors about oversight and transparency.
More about i-CABLE Communications
i-CABLE Communications Limited is a Hong Kong-based communications and media company listed on the Hong Kong Stock Exchange. It operates in the telecommunications and broadcasting industry, providing cable TV, broadband and related services to consumers and businesses in Hong Kong, with a focus on subscription-based media and connectivity offerings in the local market.
YTD Price Performance: -60.18%
Average Trading Volume: 5,656,758
Technical Sentiment Signal: Sell
Current Market Cap: HK$342.5M
Learn more about 1097 stock on TipRanks’ Stock Analysis page.