Shoucheng Holdings (00697) Announces Share Repurchase and Treasury Share Update

Bulletin Express02-03 18:04

On 3 February 2026, Shoucheng Holdings (00697) published a Next Day Disclosure Return detailing a share repurchase that reduced the number of issued shares excluding treasury shares from 8,289,324,573 to 8,288,230,573. A total of 1,094,000 shares were repurchased on the Hong Kong Stock Exchange at prices ranging from HKD 1.99 to HKD 2.01 per share, bringing the total number of treasury shares to 106,516,000. The aggregate price paid was HKD 2,196,546.24. After this transaction, the total number of issued shares, including treasury shares, remains at 8,394,746,573.

According to the repurchase mandate approved on 30 April 2025, the company was authorized to repurchase up to 728,485,544 shares. As of the announcement date, 146,262,000 shares in total have been repurchased under that mandate, representing approximately 2.0078% of the issuer’s then existing issued shares. The document also indicates a moratorium period, lasting until 5 March 2026, on any new share issuance or sale or transfer of treasury shares following this repurchase.

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