Artini's (HKG:0789) controlling shareholder, Rapid Development, acquired 2 million additional shares in the company for around HK$734,300, a Wednesday filing with the Hong Kong Exchange said.
The shares were bought from the open market for approximately HK$0.367 apiece between April 14 and April 23.
The shares represent roughly 0.151% of the fashion accessories retailer's total issued share capital.
The shareholding of Rapid Development is ultimately owned as to 70% by Chen Long, chairman of Artini, and 29% by his wife, Lin Chenjie.
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