Shoucheng Executes HK$1.43 Million Share Buy-Back, Lifts Treasury Stock to 478.56 Million Shares

Bulletin Express10-16 17:40

Shoucheng Holdings Limited disclosed that it repurchased 1.15 million ordinary shares on 16 October 2026 via on-market transactions. The buy-back, executed at prices between HK$1.235 and HK$1.245 per share and averaging HK$1.2423, cost a total of HK$1.43 million.

The transaction reduced Shoucheng’s outstanding share count (excluding treasury shares) by 0.0145 % to 7.92 billion, while increasing treasury stock to 478.56 million shares. The company’s total issued shares remain unchanged at 8.40 billion.

Under the repurchase mandate approved on 20 April 2026, Shoucheng is authorised to buy back up to 819.36 million shares. Cumulative repurchases now stand at 272.25 million shares, equivalent to 3.32 % of the issued share base at the mandate date. All shares acquired on 16 October have been retained as treasury shares; none have been cancelled.

Pursuant to Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 15 November 2026.

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