Shoucheng completes HKD 43.36 million buyback; outstanding shares trimmed by 0.32 %

Bulletin Express04-02

Shoucheng Holdings Limited disclosed that it repurchased 26.26 million ordinary shares on 2 April 2026 through on-market transactions on the Hong Kong Stock Exchange, paying an aggregate HKD 43.36 million.

The shares were bought at prices ranging between HKD 1.62 and HKD 1.67, translating to a volume-weighted average of about HKD 1.651 per share. All repurchased stock has been retained as treasury shares.

Following the transaction, Shoucheng’s issued share capital (excluding treasury shares) fell from 8.24 billion to 8.22 billion shares, a decline of 0.32 %. Treasury shares increased to 182.96 million, up from 156.70 million before the buyback.

Since receiving its current buyback mandate on 30 April 2025, the company has repurchased 222.70 million shares—approximately 30.6 % of the 728.49 million shares authorised under the mandate, and equal to 3.06 % of the company’s issued share base at the mandate date.

In line with Hong Kong listing rules, Shoucheng is subject to a moratorium on issuing new shares or transferring treasury shares until 2 May 2026. The company affirmed that the latest repurchase complied with Main Board Rule 10.06 and that no material changes have been made to the previously filed explanatory statement.

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