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An announcement from Wanka Online, Inc. ( (HK:1762) ) is now available.
Wanka Online Inc. has reported progress under its share repurchase program authorized by a general mandate, using the Hong Kong Stock Exchange as the venue for transactions. The company’s board maintains that the repurchase initiative reflects management’s confidence in the business’s future prospects and recognition of its long-term value for shareholders.
Between 7 July 2025 and 24 April 2026, the company repurchased 28,245,000 shares for a total consideration of HK$24,669,310, which are now held as treasury shares. The board still has HK$175,330,690 available for further buybacks and will continue to consider additional repurchases at its discretion, subject to market conditions and regulatory compliance, while cautioning investors that there is no assurance regarding the timing or scale of any further transactions.
More about Wanka Online, Inc.
Wanka Online Inc. is a Cayman Islands–incorporated company listed in Hong Kong that operates through a group structure referred to as the Group. The company is engaged in online-related businesses and is governed by the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong and other applicable regulations in its market.
Average Trading Volume: 19,414,179
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.02B
See more insights into 1762 stock on TipRanks’ Stock Analysis page.