Shouhui Group (02621) Announces Next Day Disclosure Return Regarding Share Repurchases

Bulletin Express01-16

Shouhui Group Limited (stock code: 02621) reported changes to its issued share capital following a share repurchase on 16 January 2026. According to the disclosure, 17,600 ordinary shares were repurchased at an average price of HKD 3.4891 per share, representing approximately 0.0078% of the previously reported number of issued shares (excluding treasury shares). After the repurchase, the total number of issued shares (excluding treasury shares) stood at 225,901,400, with treasuried shares increasing to 447,200, maintaining the overall total of 226,348,600 shares.

The repurchase was transacted on the Hong Kong Stock Exchange at a highest price of HKD 3.49 and a lowest price of HKD 3.47, amounting to an aggregate consideration of HKD 64,408. The repurchased shares will be held as treasury shares. The company’s current repurchase mandate, approved on 13 May 2025, authorizes up to 22,637,860 shares for potential repurchase; so far, 477,200 shares have been acquired under the mandate, representing approximately 0.2108% of the total issued shares at the time of authorization. A moratorium period for any further new share issuance or treasury share sale extends until 14 February 2026.

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