AK Medical Expands Share Repurchase Plan to HK$500 Million
AK Medical's (HKG:1789) board approved an increase in the budget for on-market share repurchases to HK$500 million from HK$150 million, according to a Monday Hong Kong bourse filing.The company plans to repurchase shares through June 17 under an existing mandate that allows it to buy back up to 112.3 million shares, or 10% of its issued share capital as of the 2025 annual general meeting.AK Medical said it intends to hold repurchased shares as treasury shares rather than cancel them.