Smoore Boosts Share Award Plan With HK$59.9 Million Stock Purchase

Smoore International Holdings Limited ( (HK:6969) ) has provided an announcement.

Smoore International Holdings Limited, a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange under stock code 06969, uses a share award plan to provide equity incentives to eligible participants within the group. The plan is administered by a trustee under the direction of the board or a designated committee, and sits within a broader governance framework that includes executive, non-executive, and independent non-executive directors.

The company announced that on 21 April 2026 the trustee purchased 6,035,000 shares on the market at an average price of about HK$9.9182, for total consideration of approximately HK$59.86 million, to be used under the share award plan. Following this transaction, the trustee’s holdings increased from about 1.72% to roughly 1.82% of the company’s issued share capital, indicating an ongoing commitment to equity-based incentives that may influence employee retention and alignment with shareholder value.

More about Smoore International Holdings Limited

Smoore International Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates through subsidiaries under the stock code 06969. The group is engaged in its core business while also using equity-based incentive structures, such as a share award plan, to attract, retain, and motivate eligible participants within the organization and align their interests with shareholders over the long term.

The company’s governance framework includes an executive chairman and a board comprising executive, non-executive, and independent non-executive directors. This structure supports oversight of capital management initiatives, including share repurchases or acquisitions for employee incentive schemes, as the group seeks to enhance its competitiveness and maintain stability in its equity structure.

Average Trading Volume: 20,280,238

Technical Sentiment Signal: Sell

Current Market Cap: HK$57.92B

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