Shoucheng Executes HKD 0.32 Million Share Buyback, Treasury Stock Rises to 374.86 Million Shares

Bulletin Express07-03 17:42

Shoucheng Holdings Limited repurchased 200,000 ordinary shares on 3 July 2026 via on-market transactions on the Hong Kong Stock Exchange, paying between HKD 1.61 and HKD 1.62 per share. The purchase cost totalled approximately HKD 0.32 million, implying a volume-weighted average price of HKD 1.62 per share.

Following the buyback, Shoucheng’s issued share capital (excluding treasury shares) declined marginally by 0.0025 % to 8.03 billion shares, while the company’s treasury stock balance increased to 374.86 million shares. Total issued shares, including treasury shares, remained unchanged at 8.40 billion.

The transaction was executed under the general mandate approved on 20 April 2026, which authorises the company to repurchase up to 819.36 million shares. To date, Shoucheng has repurchased 168.54 million shares under this mandate, representing 2.06 % of the issued share base at the time the authority was granted. The latest repurchase triggers a 30-day moratorium—effective until 2 August 2026—during which Shoucheng may not issue new shares or dispose of treasury shares without prior exchange approval.

All repurchase activities were conducted in compliance with Hong Kong Stock Exchange Main Board rules, as confirmed by the company’s authorised representative.

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