SUNAC SERVICES: Cumulative Buy-backs Reach 26.21 Million Shares, HK$22.32 Million Spent to Date

Bulletin Express07-09 17:05

Sunac Services Holdings Limited disclosed on 9 July 2026 that it has repurchased a total of 26.21 million ordinary shares for cancellation between 28 May and 9 July 2026, representing approximately 0.86 % of the company’s issued share capital as at the approval date of its current buy-back mandate (22 May 2026). The cumulative consideration amounted to roughly HK$22.32 million, implying an average repurchase price of about HK$0.85 per share.

The latest transaction, executed on 9 July 2026, involved 213,000 shares acquired on the Hong Kong Stock Exchange at prices ranging from HK$0.79 to HK$0.80, for an aggregate outlay of HK$0.17 million. These shares are earmarked for cancellation.

Despite the ongoing buy-back programme, Sunac Services’ issued share capital stood unchanged at 3.03 billion shares as of 9 July 2026, as the repurchased shares had not yet been cancelled. Under the shareholder mandate granted on 22 May 2026, the company is authorised to repurchase up to 304.90 million shares; the purchases to date utilise 8.60 % of this limit.

In accordance with Hong Kong Listing Rules, Sunac Services is subject to a 30-day moratorium on issuing new shares or selling treasury shares following the 9 July repurchase, ending on 8 August 2026.

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