Sun Hung Kai & Co. Buys Back 2.85 Million Shares in Late-June, Equivalent to 0.15% of Outstanding Stock

Bulletin Express06-30

Sun Hung Kai & Co. Limited reported a series of on-market repurchases that removed 2.85 million ordinary shares from public trading between 22 and 30 June 2026. The transactions represent approximately 0.15% of the company’s 1.96 billion issued shares as at the date of its buyback mandate (27 May 2026).

From 22 to 30 June, seven separate trades—ranging from 108,000 to 370,000 shares—were executed at volume-weighted average prices between HKD 3.95 and HKD 4.02. The final trade on 30 June covered 270,000 shares at prices between HKD 3.94 and HKD 4.02, costing a total of HKD 1.08 million.

All shares repurchased during the period are designated for cancellation; no treasury shares were retained. As of 30 June, the issued share count remained unchanged at 1.96 billion because the cancellations had not yet been processed.

The current general mandate, approved on 27 May 2026, authorises Sun Hung Kai & Co. to repurchase up to 196.50 million shares. Following the latest transactions, cumulative buybacks under this mandate total 2.85 million shares, equivalent to 0.145% of the authorised limit.

Under Hong Kong Stock Exchange rules, the company is subject to a moratorium on new share issues or treasury share disposals until 30 July 2026. All repurchases were conducted in compliance with the HKEX Main Board Listing Rules, and the company confirmed receipt of all payments and adherence to relevant regulatory requirements.

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