Sun Hung Kai & Co. buys back 412,000 shares; HKD1.71 million spent to date under May 2026 mandate

Bulletin Express06-10 17:24

Sun Hung Kai & Co. Limited reported a series of on-market share repurchases executed between 1 and 8 June 2026, according to its latest Next Day Disclosure Return filed with the Stock Exchange of Hong Kong.

• Latest transaction: On 8 June 2026 the company repurchased 110,000 ordinary shares at prices ranging from HKD4.06 to HKD4.16, for a total consideration of HKD0.45 million.

• Cumulative activity: Including the 8 June trade, Sun Hung Kai & Co. has bought back 412,000 shares since 1 June 2026 at an average price of HKD4.14, representing approximately 0.021% of the 1.96 billion shares in issue. The aggregate cash outlay for these repurchases is calculated at about HKD1.71 million.

• Share capital position: The issued share count remains unchanged at 1,964.96 million as of 8 June 2026 because the repurchased shares have not yet been cancelled. All 412,000 shares are earmarked for cancellation.

• Mandate utilisation: The repurchases fall under the general mandate approved on 27 May 2026, which authorises buybacks of up to 196.50 million shares. To date, 0.21% of the mandate has been utilised.

• Issuance restriction: In line with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares until 8 July 2026 following the latest buyback.

The company confirmed that all repurchases complied with the Listing Rules and the terms set out in its 14 April 2026 explanatory statement.

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