TechFlow News: HashKey Holdings Limited (“HashKey” or the “Company”, stock code: 3887) has issued a voluntary announcement stating that the Board of Directors has resolved to conduct share repurchases on the open market, utilizing up to HK$100 million of the Company’s own funds (excluding proceeds from the global offering), pursuant to the share repurchase authority approved at the Annual General Meeting held on June 11, 2026.
The share repurchase program will run from the date the repurchase authority is granted until the conclusion of the Company’s next Annual General Meeting. All repurchases 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 Companies Act (Cayman Islands), and other applicable laws and regulations.
The Board believes this share repurchase demonstrates its confidence in the Company’s business prospects and future development. Such repurchases not only create value for shareholders but also reflect the Group’s sound financial position, enabling it to maintain optimal financial resource allocation while executing the share repurchase program.
Dr. Feng Xiao, Chairman, Executive Director, and Chief Executive Officer of HashKey, stated: “We believe the current market valuation of our shares does not fully reflect the Group’s strategic positioning and growth potential in the Web3 digital financial infrastructure sector. This share repurchase program reflects the Board’s confidence in the Company’s long-term value and our commitment to enhancing shareholder returns.”
