Shoucheng repurchases 4.50 million shares, treasury stock rises to 210.81 million

Bulletin Express05-18

Shoucheng Holdings Limited disclosed that it repurchased 4.50 million ordinary shares on 18 May 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.05% of the company’s issued share capital (excluding treasury shares) as of 30 April 2026.

The shares were acquired at prices between HKD 1.57 and HKD 1.61, with a volume-weighted average cost of HKD 1.60 per share and an aggregate consideration of HKD 7.18 million.

Following the transaction: • Issued shares (excluding treasury shares) fell to 8.19 billion. • Treasury shares increased to 210.81 million. • Total issued shares remained unchanged at 8.40 billion, as the repurchased shares were retained in treasury rather than cancelled.

The buyback was executed under a mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. After this transaction, 4.50 million shares, equivalent to 0.05% of the shares outstanding on the mandate date, have been utilised.

In accordance with Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 17 June 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/1150129493?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-18 18:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1150129493","market":"us","top_or_hot":-1,"title":"Shoucheng repurchases 4.50 million shares, treasury stock rises to 210.81 million","media":"Bulletin Express","content":"<p>Shoucheng Holdings Limited disclosed that it repurchased 4.50 million ordinary shares on 18 May 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.05% of the company’s issued share capital (excluding treasury shares) as of 30 April 2026.</p>\n<p>The shares were acquired at prices between HKD 1.57 and HKD 1.61, with a volume-weighted average cost of HKD 1.60 per share and an aggregate consideration of HKD 7.18 million.</p>\n<p>Following the transaction:\n• Issued shares (excluding treasury shares) fell to 8.19 billion.  \n• Treasury shares increased to 210.81 million.  \n• Total issued shares remained unchanged at 8.40 billion, as the repurchased shares were retained in treasury rather than cancelled.</p>\n<p>The buyback was executed under a mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. After this transaction, 4.50 million shares, equivalent to 0.05% of the shares outstanding on the mandate date, have been utilised.</p>\n<p>In accordance with Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 17 June 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>Shoucheng repurchases 4.50 million shares, treasury stock rises to 210.81 million</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\">\nShoucheng repurchases 4.50 million shares, treasury stock rises to 210.81 million\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\">2026-05-18 18:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shoucheng Holdings Limited disclosed that it repurchased 4.50 million ordinary shares on 18 May 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.05% of the company’s issued share capital (excluding treasury shares) as of 30 April 2026.</p>\n<p>The shares were acquired at prices between HKD 1.57 and HKD 1.61, with a volume-weighted average cost of HKD 1.60 per share and an aggregate consideration of HKD 7.18 million.</p>\n<p>Following the transaction:\n• Issued shares (excluding treasury shares) fell to 8.19 billion.  \n• Treasury shares increased to 210.81 million.  \n• Total issued shares remained unchanged at 8.40 billion, as the repurchased shares were retained in treasury rather than cancelled.</p>\n<p>The buyback was executed under a mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. After this transaction, 4.50 million shares, equivalent to 0.05% of the shares outstanding on the mandate date, have been utilised.</p>\n<p>In accordance with Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 17 June 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00697","symbol_name":"首程控股","start_time":0,"source_url":"","article_id":"1150129493","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150129493","pubTimestamp":1779099770,"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":"Shoucheng Holdings Limited disclosed that it repurchased 4.50 million ordinary shares on 18 May 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.05% of the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00697":"首程控股"},"translate_title":"首诚回购450万股库存股升至2.1081亿","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00697":1},"content_text":"Shoucheng Holdings Limited disclosed that it repurchased 4.50 million ordinary shares on 18 May 2026 via on-market transactions on the Hong Kong Stock Exchange. The buyback represents 0.05% of the company’s issued share capital (excluding treasury shares) as of 30 April 2026.\nThe shares were acquired at prices between HKD 1.57 and HKD 1.61, with a volume-weighted average cost of HKD 1.60 per share and an aggregate consideration of HKD 7.18 million.\nFollowing the transaction:\n• Issued shares (excluding treasury shares) fell to 8.19 billion.  \n• Treasury shares increased to 210.81 million.  \n• Total issued shares remained unchanged at 8.40 billion, as the repurchased shares were retained in treasury rather than cancelled.\nThe buyback was executed under a mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. After this transaction, 4.50 million shares, equivalent to 0.05% of the shares outstanding on the mandate date, have been utilised.\nIn accordance with Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 17 June 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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","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/1150129493","isCrawlerRequest":true}