Sunac Services Holdings Limited disclosed on 02 April 2026 that it has repurchased a total of 13.00 million ordinary shares on the Hong Kong Stock Exchange between 26 March and 02 April 2026. The purchases, executed for cancellation and not yet cancelled as at the reporting date, were made at prices ranging from HKD 0.83 to HKD 0.96 per share, with a volume-weighted average cost of approximately HKD 0.89. Aggregate cash consideration amounted to HKD 11.55 million.
The latest transaction on 02 April 2026 involved 1.00 million shares bought on-market at HKD 0.87–0.88 per share for a total of HKD 0.88 million.
The repurchased shares represent 0.43 % of Sunac Services’ existing issued share capital of 3.05 billion shares. Once cancelled, the outstanding share count will fall accordingly. No new shares were issued during the period; the company’s issued share capital therefore remained unchanged at 3.05 billion shares as of 02 April 2026.
Under the shareholder mandate approved on 22 May 2025, the company is authorised to repurchase up to 305.68 million shares. Cumulative buybacks under this mandate now stand at 20.80 million shares—6.81 % of the authorised limit and 0.68 % of the company’s issued share capital on the mandate date.
In line with Hong Kong listing rules, Sunac Services is subject to a moratorium on issuing new shares for 30 days following the latest repurchase, ending on 02 May 2026.
Comments