Sunac Services Holdings Limited (Sunac Services) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 22 July 2026, detailing progress under its current share-repurchase mandate.
Key Highlights
1. Share Capital Status • Issued ordinary shares remained at 3.03 billion as of both 21 July and 22 July 2026. • No treasury shares were recorded, as the repurchased shares have not yet been cancelled.
2. Cumulative Repurchases (28 May – 22 July 2026) • Shares bought for cancellation but pending cancellation total 28.204 million, equivalent to 0.93 % of the company’s issued share capital at the time of the authorising resolution (22 May 2026). • The cumulative volume represents roughly 9.25 % of the 304.90 million-share limit granted under the current mandate. • Based on the disclosed daily prices, the aggregate consideration is approximately HKD 23.98 million, implying an average cost of about HKD 0.85 per share.
3. Latest Transaction • On 22 July 2026, Sunac Services repurchased 200,000 shares on the Exchange at prices ranging from HKD 0.83 to HKD 0.84, for a total payment of HKD 0.17 million.
4. Regulatory Framework • The repurchases were conducted under a mandate approved at the 22 May 2026 annual general meeting. • In line with Main Board Rule 10.06(3)(a), the company is subject to a 30-day moratorium on new share issues or treasury-share sales, ending 21 August 2026. • The board confirms full compliance with Hong Kong listing rules and all relevant legal requirements.
The company indicated no other changes to its share capital structure and no sales of treasury shares during the reported period.
Comments