Shoucheng Holdings Repurchases 8.60 Million Shares, Lifts Treasury Stock to 356.94 Million Units

Bulletin Express06-25

Shoucheng Holdings Limited disclosed that it bought back 8.60 million ordinary shares on 25 June 2026 via on-market transactions on the Hong Kong Stock Exchange. The shares were repurchased at prices ranging from HK$1.59 to HK$1.63 apiece, with a volume-weighted average of HK$1.6132, for a total consideration of HK$13.87 million.

Following the transaction, Shoucheng’s issued share capital (excluding treasury shares) declined by 0.11% to 8.04 billion shares, while its treasury stock rose to 356.94 million shares. The total number of issued shares, including treasury shares, remained unchanged at 8.40 billion.

The buyback was executed under the general mandate approved on 20 April 2026, which authorises the repurchase of up to 819.36 million shares. Cumulative repurchases under this mandate have reached 150.62 million shares, representing 1.84% of the company’s issued shares outstanding as at the date the mandate was granted.

Pursuant to Hong Kong listing rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 25 July 2026.

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