Sunac Services buys back 2.40 million shares on 2 June; cumulative repurchases reach 4.20 million shares under May mandate

Bulletin Express06-02

Sunac Services Holdings Limited disclosed on 2 June 2026 that it repurchased 2.40 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from HKD 0.94 to HKD 0.98, with an average cost of HKD 0.9612 per share, for a total consideration of HKD 2.31 million.

Including earlier on-market repurchases of 0.80 million shares on 28 May at HKD 0.9273 per share and 1.00 million shares on 29 May at HKD 0.9699 per share, the company has bought back 4.20 million shares since the repurchase mandate was approved on 22 May 2026. The three tranches represent 0.14 % of Sunac Services’ 3.03 billion issued shares and have cost approximately HKD 4.02 million in aggregate. All repurchased shares are earmarked for cancellation and have not yet been removed from the share count.

As of 2 June 2026, Sunac Services’ issued share capital remains at 3,027.97 million shares. The current repurchases utilise about 1.38 % of the 304.90 million shares authorised under the existing mandate. In line with Hong Kong listing rules, the company is prohibited from issuing new shares or disposing of treasury shares until 2 July 2026.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1141423298?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-02 18:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1141423298","market":"us","top_or_hot":-1,"title":"Sunac Services buys back 2.40 million shares on 2 June; cumulative repurchases reach 4.20 million shares under May mandate","media":"Bulletin Express","content":"<p>Sunac Services Holdings Limited disclosed on 2 June 2026 that it repurchased 2.40 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from HKD 0.94 to HKD 0.98, with an average cost of HKD 0.9612 per share, for a total consideration of HKD 2.31 million.</p>\n<p>Including earlier on-market repurchases of 0.80 million shares on 28 May at HKD 0.9273 per share and 1.00 million shares on 29 May at HKD 0.9699 per share, the company has bought back 4.20 million shares since the repurchase mandate was approved on 22 May 2026. The three tranches represent 0.14 % of Sunac Services’ 3.03 billion issued shares and have cost approximately HKD 4.02 million in aggregate. All repurchased shares are earmarked for cancellation and have not yet been removed from the share count.</p>\n<p>As of 2 June 2026, Sunac Services’ issued share capital remains at 3,027.97 million shares. The current repurchases utilise about 1.38 % of the 304.90 million shares authorised under the existing mandate. In line with Hong Kong listing rules, the company is prohibited from issuing new shares or disposing of treasury shares until 2 July 2026.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sunac Services buys back 2.40 million shares on 2 June; cumulative repurchases reach 4.20 million shares under May mandate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSunac Services buys back 2.40 million shares on 2 June; cumulative repurchases reach 4.20 million shares under May mandate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-06-02 18:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sunac Services Holdings Limited disclosed on 2 June 2026 that it repurchased 2.40 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from HKD 0.94 to HKD 0.98, with an average cost of HKD 0.9612 per share, for a total consideration of HKD 2.31 million.</p>\n<p>Including earlier on-market repurchases of 0.80 million shares on 28 May at HKD 0.9273 per share and 1.00 million shares on 29 May at HKD 0.9699 per share, the company has bought back 4.20 million shares since the repurchase mandate was approved on 22 May 2026. The three tranches represent 0.14 % of Sunac Services’ 3.03 billion issued shares and have cost approximately HKD 4.02 million in aggregate. All repurchased shares are earmarked for cancellation and have not yet been removed from the share count.</p>\n<p>As of 2 June 2026, Sunac Services’ issued share capital remains at 3,027.97 million shares. The current repurchases utilise about 1.38 % of the 304.90 million shares authorised under the existing mandate. In line with Hong Kong listing rules, the company is prohibited from issuing new shares or disposing of treasury shares until 2 July 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01516","symbol_name":"融创服务","start_time":0,"source_url":"","article_id":"1141423298","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141423298","pubTimestamp":1780397030,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Sunac Services Holdings Limited disclosed on 2 June 2026 that it repurchased 2.40 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01516":"融创服务"},"translate_title":"融创服务于6月2日回购240万股；根据5月份授权，累计回购达到420万股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01516":1},"content_text":"Sunac Services Holdings Limited disclosed on 2 June 2026 that it repurchased 2.40 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from HKD 0.94 to HKD 0.98, with an average cost of HKD 0.9612 per share, for a total consideration of HKD 2.31 million.\nIncluding earlier on-market repurchases of 0.80 million shares on 28 May at HKD 0.9273 per share and 1.00 million shares on 29 May at HKD 0.9699 per share, the company has bought back 4.20 million shares since the repurchase mandate was approved on 22 May 2026. The three tranches represent 0.14 % of Sunac Services’ 3.03 billion issued shares and have cost approximately HKD 4.02 million in aggregate. All repurchased shares are earmarked for cancellation and have not yet been removed from the share count.\nAs of 2 June 2026, Sunac Services’ issued share capital remains at 3,027.97 million shares. The current repurchases utilise about 1.38 % of the 304.90 million shares authorised under the existing mandate. In line with Hong Kong listing rules, the company is prohibited from issuing new shares or disposing of treasury shares until 2 July 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1141423298","isCrawlerRequest":true}