Shoucheng Reduces Outstanding Shares by 138 Million via HK$233.73 Million June Buy-back

Bulletin Express07-02 18:23

Shoucheng Holdings Limited reported that it repurchased 138.00 million ordinary shares during June 2026, transferring the shares into treasury and lowering outstanding shares to 8.03 billion as at 30 June 2026. The total number of issued shares remained unchanged at 8.40 billion, with treasury shares rising to 373.66 million.

Across 21 on-market transactions authorised by shareholders on 20 April 2026, repurchase prices ranged from HK$1.53 to HK$1.79 per share. Based on disclosed volumes and prices, Shoucheng deployed approximately HK$233.73 million, implying an average repurchase cost of about HK$1.69 per share.

The June activity trimmed the public free float by roughly 1.69 percentage points yet still left the company comfortably above the Main Board’s 25% minimum requirement, as confirmed in the filing.

No new share options, warrants, convertibles or other equity instruments were issued or cancelled during the month.

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