Changes in Hong Kong stocks | Samsonite (01910) rose more than 6%, net sales remained flat year on year in the third quarter and plans to implement further share repurchase plans

The Zhitong Finance App learned that Samsonite (01910) rose more than 6%. As of press release, it had risen 6.45% to HK$15.68, with a turnover of HK$21.247,800.

According to the news, on the evening of November 12, Samsonite announced its results for the first nine months of 2026, with net sales of about US$2,553 million, an increase of 0.7% over the previous year; profit due to equity holders was US$149 million, a decrease of 22.3% over the previous year. Among them, net sales for the third quarter were US$873 million, the same as the previous year, and increased by 0.6% on a constant exchange rate basis; profit attributable to equity holders was US$581.0 million, a decrease of 21.0% year on year.

The company also announced that from November 13, 2026, it will implement a further share repurchase plan in accordance with the 2026 share repurchase authorization. Previously, it had purchased shares on the market since May 14, 2026, with a total purchase price of US$5 million. According to the company, the largest share repurchase plan is no more than US$50 million (equivalent to approximately HK$390.7 million at the exchange rate of HK$7.8145 per US dollar).