BOE Varitronix Limited (Stock Code: 710) announced that on 17 October 2025, a total of 300,000 shares were acquired from the market by the appointed trustee under the company’s Share Award Plan. This purchase accounted for approximately 0.038% of the existing issued share capital, at an average consideration of HK$5.06 per share, amounting to HK$1,517,990 before transaction costs.

According to the announcement, between 8 April 2025 and 17 October 2025, a total of 2,183,000 shares were purchased, representing around 0.276% of the issued share capital. These shares were acquired at an average consideration of HK$5.18 per share, bringing the cumulative cost to around HK$11,303,990 before any transaction fees.

The announcement highlighted that the shares were purchased to fund long-term incentives under the Share Award Plan, aimed at retaining and rewarding key contributors, offering them ownership benefits, and aligning their interests with the wider shareholder base. The board believes that the purchase price does not reflect the company’s intrinsic value and business prospects, and considers the share acquisitions a beneficial move for both the company and shareholders.