Sun Hung Kai & Co. Buys Back 111,000 Shares on 11 June; Total Week-to-Date Repurchases Reach 0.04% of Share Capital

Bulletin Express06-11 18:03

Sun Hung Kai & Co. Limited reported to the Hong Kong Stock Exchange that it repurchased 111,000 ordinary shares on 11 June 2026 at prices ranging between HK$4.11 and HK$4.16 per share, spending HK$0.46 million in aggregate. The shares are earmarked for cancellation and will not be held as treasury stock.

Including transactions on 8–10 June, the company has bought back 455,000 shares this week at volume-weighted average prices of HK$4.09–HK$4.14 each, representing 0.02% of the 1.96 billion issued shares outstanding before the repurchases. Cumulative purchases under the current mandate granted on 27 May 2026 now stand at 757,000 shares, or 0.04% of the share base on the mandate date.

Sun Hung Kai & Co. is authorised to repurchase up to 196.50 million shares; after the latest transactions, 195.74 million shares, equivalent to roughly 9.96% of the existing share count, remain available under the mandate. No new shares may be issued, nor may any treasury shares be sold or transferred, until 11 July 2026 due to the 30-day moratorium that follows on-market buybacks.

The company’s issued share capital was unchanged at 1,964.66 million shares as of 11 June 2026, as the repurchased shares have yet to be cancelled. Sun Hung Kai & Co. affirmed that all buybacks complied with Hong Kong listing regulations and its shareholder-approved repurchase mandate.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment