Sunac Services repurchases 25.80 million shares—0.85% of outstanding capital—at an average HK$0.85 per share

Bulletin Express07-07

Sunac Services Holdings Limited filed a Next Day Disclosure Return on 07 July 2026 reporting continued share buy-backs executed on the Hong Kong Stock Exchange.

Key figures • Outstanding shares: 3.03 billion both before and after the reporting period. • Shares repurchased but not yet cancelled (28 May–07 July 2026): 25.80 million, equal to 0.85 % of issued shares as at the 22 May 2026 mandate date. • Aggregate consideration: approximately HK$22.00 million, translating into a volume-weighted average repurchase price of about HK$0.85 per share. • Price range: highest HK$0.97; lowest HK$0.71.

Latest transaction • 07 July 2026: 300,000 shares bought back on-market at HK$0.78 each, for HK$0.23 million.

Mandate utilisation • Authorised limit: 304.90 million shares. • Shares repurchased to date: 25.80 million, equivalent to 8.47 % of the existing mandate capacity.

Regulatory notes • All repurchases were approved by the board and executed in compliance with Hong Kong listing regulations. • Under Main Board Rule 10.06(3)(a), the company may not issue new shares until 06 August 2026, 30 days after the latest buy-back.

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