Shoucheng Buys Back 11.15 Million Shares; Treasury Stock Rises to 348.34 Million

Bulletin Express06-24

Shoucheng Holdings Limited disclosed a next-day return showing the repurchase of 11.15 million ordinary shares on 24 June 2026. The shares were acquired on the Hong Kong Stock Exchange at prices ranging from HKD 1.61 to HKD 1.66, with a volume-weighted average cost of HKD 1.63 per share. Total consideration reached HKD 18.21 million.

Following the transaction, the company’s issued shares outstanding (excluding treasury shares) fell by 0.14 % to 8.05 billion, while treasury shares increased to 348.34 million. The total issued share count, including treasury shares, remains unchanged at 8.40 billion.

The buyback forms part of the mandate approved on 20 April 2026, which authorises Shoucheng to repurchase up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 142.02 million shares, representing 1.73 % of the issued share base on the mandate date.

Under Main Board Rule 10.06, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 24 July 2026.

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