The June 11 board decision allows open-market repurchases using internal funds through the next AGM, signaling confidence in the group’s Web3 digital financial infrastructure strategy.
HashKey Holdings Limited said its board approved a share repurchase program of up to HK$100 million on June 11, to be funded with internal resources rather than global offering proceeds. The company said the buybacks will be carried out in the open market under the mandate previously approved at its annual general meeting, and the authorization will remain in place until the end of the next AGM. Chairman, Executive Director and CEO Xiao Feng said the move reflects confidence in the group’s Web3 digital financial infrastructure strategy and its long-term value.