Shoucheng Executes HK$5.14 Million Share Buyback, Treasury Stock Rises to 271 Million Shares

Bulletin Express06-08

Shoucheng Holdings Limited disclosed that it repurchased 3.00 million ordinary shares on 8 June 2026 via on-market transactions, spending HK$5.14 million at prices ranging from HK$1.67 to HK$1.78 per share (average HK$1.7118). The transaction represents 0.0369% of Shoucheng’s 8.13 billion issued shares (excluding treasury shares) outstanding prior to the buyback.

Following the repurchase, the company’s issued share capital (excluding treasury shares) decreased to 8.13 billion shares, while shares held in treasury increased from 268.33 million to 271.33 million. Total issued shares remained unchanged at 8.40 billion due to the treasury-share accounting treatment; none of the repurchased shares have been cancelled.

The buyback formed part of the mandate approved on 20 April 2026, which authorises Shoucheng to repurchase up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 65.01 million shares, equal to 0.79% of the shares outstanding on the mandate date, leaving capacity for a further 754.34 million shares.

Under Hong Kong Stock Exchange rules, Shoucheng is restricted from issuing new shares or disposing of treasury shares until 8 July 2026 (30 days after the latest repurchase).

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