Shoucheng Holdings Limited (Shoucheng) reported a repurchase of 2.00 million ordinary shares on 14 July 2026 via on-market transactions on the Stock Exchange of Hong Kong. The shares were acquired within a price range of HKD 1.48–1.58, representing a volume-weighted average purchase cost of HKD 1.5307 per share and an aggregate cash outlay of HKD 3.06 million.
Following the transaction, Shoucheng’s issued share capital (excluding treasury shares) declined by 0.025 % to 8.01 billion shares, while the number of treasury shares increased to 392.76 million. Total issued shares remained unchanged at 8.40 billion.
The buyback was executed under the repurchase mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 186.44 million shares, equivalent to 2.28 % of the company’s issued shares on the mandate date.
In accordance with Hong Kong listing rules, Shoucheng is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, effective until 13 August 2026.
Comments