Shoucheng executes HKD 12.90 million share buyback, lifting treasury stock to 219.26 million shares

Bulletin Express05-20

Shoucheng Holdings Limited disclosed that it repurchased 7.55 million ordinary shares on 20 May 2026 through on-market transactions on the Hong Kong Stock Exchange.

The shares were acquired at prices ranging from HKD 1.70 to HKD 1.73, for a volume-weighted average cost of HKD 1.7089 per share, bringing the aggregate cash outlay to HKD 12.90 million. All repurchased shares have been retained as treasury stock.

Key post-transaction metrics: • Issued shares outstanding (excluding treasury shares) declined by 0.09% to 8.18 billion. • Treasury shares increased from 211.71 million to 219.26 million, while total issued shares remained unchanged at 8.40 billion.

Mandate utilisation: • The share buyback forms part of the mandate approved on 20 April 2026, which authorises repurchases of up to 819.36 million shares. • Cumulative repurchases under the mandate now total 12.95 million shares, representing 0.16% of the company’s issued share capital as at the mandate date.

In accordance with Hong Kong listing rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 19 June 2026.

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