Shoucheng buys back 1.35 million shares at HK$1.69 average; treasury stock climbs to 403.38 million

Bulletin Express07-22

Shoucheng Holdings Limited completed an on-market repurchase of 1.35 million ordinary shares on 22 July 2026. The shares were repurchased on the Stock Exchange of Hong Kong at prices between HK$1.68 and HK$1.70, resulting in a volume-weighted average cost of HK$1.6949 per share. The gross consideration amounted to HK$2.29 million.

Following the transaction, Shoucheng’s issued share capital (excluding treasury shares) declined by 0.0169 % to 7.996 billion shares. Treasury shares increased to 403.38 million, leaving total issued shares unchanged at 8.400 billion.

Under the repurchase mandate approved on 20 April 2026, the company is authorised to buy back up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 197.06 million shares, representing 2.41 % of the shares outstanding on the mandate date, leaving a balance of approximately 622.30 million shares available for future buybacks.

In accordance with Hong Kong Stock Exchange rules, Shoucheng is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, effective until 21 August 2026.

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