Smoore Boosts Share Award Pool With HK$59.9 Million Market Purchase

An update from Smoore International Holdings Limited ( (HK:6969) ) is now available.

Smoore International Holdings Limited has disclosed that the trustee of its share award plan purchased 6,125,000 shares on the market on 27 April 2026 at an average price of about HK$9.77 per share, for a total consideration of roughly HK$59.86 million. Following this transaction, the trustee’s holding increased from approximately 111.59 million shares, or 1.80% of shares outstanding, to about 117.71 million shares, or 1.90%, to be used for future grants to eligible participants under the company’s share award plan.

The share purchase underscores Smoore’s ongoing use of equity incentives to attract, retain, and motivate key employees and other eligible participants, aligning their interests with those of shareholders. By enlarging the pool of shares reserved for awards, the company is reinforcing its long-term incentive framework, which could support talent stability and execution of its growth strategy in the competitive atomization industry.

More about Smoore International Holdings Limited

Smoore International Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through its subsidiaries as part of the broader vaping and atomization technology sector. The group focuses on manufacturing and supplying vaping devices and related solutions to global brand owners and retailers, positioning itself as a major player in electronic atomization hardware and components.

Average Trading Volume: 20,991,239

Technical Sentiment Signal: Sell

Current Market Cap: HK$59.16B

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