Black Sesame Technologies (02533.HK) intends to cancel 1.9822 million treasury shares.

Zhitong Finance APP News, Black Sesame Technologies (02533.HK) announced that during the period from January 19, 2026 to May 18, 2026, the Company conducted multiple share repurchases on The Stock Exchange of Hong Kong Limited pursuant to the 2025 repurchase mandate and held such shares as treasury shares. As of the date of this announcement, the Company has repurchased a total of 1,982,200 shares and held them as treasury shares, representing approximately 0.28% of the total number of issued shares. The board of directors of the Company hereby announces that it intends to cancel the aforementioned 1,982,200 treasury shares. Assuming no further shares are issued from the date of this announcement until the completion of such cancellation, the total number of issued shares will decrease from 718 million shares to 716 million shares. The board of directors believes that such cancellation will help enhance the Company's per-share value and increase shareholder value, and is in the overall interest of the Company and its shareholders.