HK Stock Market Move | SAMSONITE (01910) rises over 6%; Q3 net sales flat year-on-year; plans to implement a further share buyback program.

SAMSONITE (01910) rose over 6%, up 6.45% as of press time, at HK$15.68, with turnover of HK$21.2478 million. On the news front, on the evening of November 12, SAMSONITE announced its results for the first nine months of 2026, with net sales of approximately US$2.553 billion, up 0.7% year-on-year; profit attributable to equity holders was US$149 million, down 22.3% year-on-year. Among them, third-quarter net sales were US$873 million, flat year-on-year, or up 0.6% on a constant-currency basis; profit attributable to equity holders was US$58.10 million, down 21.0% year-on-year. The company also announced that, starting from November 13, 2026, it will implement a further share buyback program under the 2026 share repurchase mandate, having previously purchased shares in the market since May 14, 2026, for a total purchase price of US$50.00 million. The company stated that the maximum size of the share buyback program is no more than US$50 million (equivalent to approximately HK$390.7 million at an exchange rate of US$1 to HK$7.8145).