Ever Sunshine Services Announces Additional Share Buyback; Outstanding Share Count Unchanged

Bulletin Express04-28 18:02

Ever Sunshine Services Group Limited disclosed a further on-market repurchase of 200,000 ordinary shares on 28 April 2026. The shares were bought at prices ranging from HKD 1.91 to HKD 1.94 per share, resulting in an aggregate consideration of HKD 0.38 million and a volume-weighted average cost of HKD 1.91 per share.

Including this latest transaction, the company has executed 17 separate repurchases between 31 March and 28 April 2026, each involving 200,000 shares. The cumulative 3.40 million shares awaiting cancellation represent approximately 0.20 % of the 1.72 billion issued shares outstanding before the repurchase series began. All repurchased shares are intended for cancellation; the company holds no treasury shares.

The buybacks form part of the general mandate approved on 22 May 2025, which authorises Ever Sunshine Services to repurchase up to 172.86 million shares. As of 28 April 2026, 9.35 million shares have been repurchased under this mandate, equating to 0.54 % of the issued share base on the mandate’s approval date.

Despite the ongoing repurchase activity, the total number of issued shares remains at 1.72 billion as the cancellation process for the repurchased shares has not yet been completed. In accordance with Hong Kong Stock Exchange rules, the company is subject to a moratorium on issuing new shares until 28 May 2026.

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