SSY Group Limited disclosed a share repurchase on 20 May 2026, acquiring 2.00 million ordinary shares on the Hong Kong Stock Exchange at prices between HKD 2.29 and HKD 2.34 per share. The volume-weighted average repurchase price was approximately HKD 2.31, bringing total cash outlay to HKD 4.63 million.
Following the transaction, SSY Group’s issued share count (excluding treasury shares) declined by 0.07% to 2.89 billion shares. Concurrently, treasury shares increased from 56.37 million to 58.37 million, representing 1.97% of the company’s 2.95 billion total shares in issue.
The buyback forms part of the mandate approved on 15 May 2026, which authorises SSY Group to repurchase up to 289.92 million shares. Cumulative repurchases under this authority now total 6.50 million shares, utilising 0.22% of the mandate’s limit. In line with Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 19 June 2026.
Comments