Shoucheng Holdings (00697) reported a change in its issued share capital on 28 January 2026 under a Next Day Disclosure Return. Before the transaction, it had 8,299,974,573 ordinary shares in issue (excluding treasury shares) and 94,772,000 treasury shares, totaling 8,394,746,573 shares.
On 28 January 2026, 700,000 ordinary shares were repurchased at an average price of HKD 2.05 per share, representing approximately 0.0084% of its then-issued share base (excluding treasury shares). Following the repurchase, the number of treasury shares increased to 95,472,000, while the total issued share count remained unchanged at 8,394,746,573.
The aggregate price for the share buyback was approximately HKD 1,437,621.75. All repurchased shares will be held as treasury shares. According to the repurchase mandate dated 30 April 2025, the company was authorized to repurchase up to 728,485,544 shares. To date, 135,218,000 shares have been repurchased, accounting for about 1.8562% of the number of issued shares (excluding treasury shares) as at the date of that resolution.
The moratorium for any new share issuance or sale or transfer of treasury shares under the current regulation will last until 27 February 2026.
Comments