CK Hutchison Holdings Limited (SEHK:1) commences an Equity Buyback Plan for 383,448,450 shares, representing 10% of its issued share capital, under the authorization approved on May 19, 2022.

CK Hutchison Holdings Limited (SEHK:1) commences share repurchases on November 18, 2022, under the program mandated by shareholders in the Annual General Meeting held on May 19, 2022. As per the mandate, the company is authorized to repurchase up to 383,448,450 shares, representing 10% of its issued share capital. The repurchases will lead to an enhancement of the net assets and/or its earnings per share.

The repurchase program will be made out of funds which are legally available for the purpose in accordance with the Articles of Association of the company, the listing rules and all applicable laws and regulations of the Cayman Islands. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual general Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 19, 2022, the company had 3,834,484,500 shares in issue.