Smoore Expands Share Award Pool with HK$59.9 Million Share Purchase

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

Smoore International Holdings has disclosed that the trustee of its share award plan purchased 5,977,000 company shares on the market on 20 April 2026 at an average price of about HK$10.0137, for a total consideration of approximately HK$59.85 million. Following the transaction, the trustee’s holdings increased from roughly 1.6244% to about 1.7208% of the company’s issued share capital, expanding the pool of shares available for future awards to selected participants under the plan and reinforcing the firm’s commitment to equity-based incentives.

The board retains discretion to choose eligible participants and determine the terms of any granted awarded shares, underscoring the use of the scheme as a flexible talent retention and motivation tool. The move signals continued reliance on share-based compensation to align management and employee interests with shareholder value, which may influence future dilution levels and incentive structures for stakeholders.

More about Smoore International Holdings Limited

Smoore International Holdings Limited is a Hong Kong–listed company incorporated in the Cayman Islands and traded under stock code 06969. The group operates through subsidiaries and uses a share award plan to incentivize eligible participants, aligning employee and stakeholder interests with long-term share performance.

Average Trading Volume: 20,280,238

Technical Sentiment Signal: Sell

Current Market Cap: HK$57.92B

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