Sunac Services Intensifies Share Buyback, Accumulating 14.73 Million Shares or 0.48% of Capital

Bulletin Express04-16 18:23

Sunac Services Holdings Limited disclosed in its 16 April 2026 Next Day Disclosure Return that it has stepped up its share repurchase programme without affecting its outstanding share capital of 3.05 billion ordinary shares.

The company bought back 500,000 shares on 16 April 2026 via on-market transactions at HKD 0.95 per share, deploying HKD 0.48 million. These shares are designated for cancellation.

Including earlier market purchases from 26 March through 15 April 2026, Sunac Services has accumulated 14.73 million shares pending cancellation. The combined volume represents 0.48% of the company’s issued share base prior to the first transaction in the period. Purchase prices over these 11 sessions ranged between HKD 0.83 and HKD 0.96 per share.

Under the current shareholder mandate approved on 22 May 2025, the board is authorised to repurchase up to 305.68 million shares. To date, 22.53 million shares have been acquired, utilising approximately 7.37% of the mandate capacity and equating to 0.74% of the company’s issued shares at the mandate’s inception.

In line with Hong Kong Stock Exchange rules, Sunac Services is restricted from issuing new shares or transferring treasury shares until at least 16 May 2026.

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