According to TechFlow, HashKey Holdings Limited (“ HashKey ” or the “Company”, stock code: 3887 ) issued a voluntary announcement stating that the Board of Directors has resolved to use up to HK$100 million of its own funds (excluding proceeds from the global offering) to repurchase shares in the market, pursuant to the share repurchase authorization approved at the Annual General Meeting to be held on June 11 , 2026.
The share repurchase period will commence from the date of approval of the share repurchase authorization until the conclusion of the Company's next Annual General Meeting. The repurchase will strictly comply with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Code on Takeovers and Mergers and Share Repurchases, the Cayman Islands Companies Law, and other relevant laws and regulations.
The Board of Directors believes that this share repurchase demonstrates the Company's confidence in its business prospects and future development. The share repurchase not only creates value for shareholders but also reflects the Group's sound financial position, enabling it to maintain a healthy allocation of financial resources while repurchasing shares.
Dr. Xiao Feng, Chairman, Executive Director and CEO of HashKey, stated, "We believe that the current share value of the company does not fully reflect the Group's strategic layout and growth potential in the Web3 digital financial infrastructure sector. This share repurchase plan reflects the Board's confidence in the company's long-term value and our commitment to enhancing shareholder returns."
