ES SERVICES files Next Day Disclosure Return; 200,000-share buyback on 12 Jun lifts pending cancellations to 8.55 million shares (0.50% of issued capital)

Bulletin Express06-12

Ever Sunshine Services Group Limited (ES SERVICES) has submitted a Next Day Disclosure Return to the Hong Kong Stock Exchange, detailing continued share repurchase activity and confirming its issued share capital status as at 12 June 2026.

On 12 June 2026 the company repurchased 200,000 ordinary shares on the Exchange at prices ranging from HKD 1.76 to HKD 1.80, for a total consideration of HKD 0.36 million. These shares are designated for cancellation.

Including this latest transaction, ES SERVICES now holds 8.55 million shares repurchased for cancellation but not yet cancelled, stemming from 43 on-market trades executed between 31 March and 12 June 2026. The outstanding repurchase pool equates to roughly 0.50% of the company’s 1.72 billion issued shares, which remain unchanged at 1,722.59 million as the repurchased stock has not yet been cancelled.

Shareholders approved a new buyback mandate on 13 May 2026, authorising the company to acquire up to 171.74 million shares. Since that approval, 3.35 million shares—about 0.20% of the share capital at the mandate date—have been repurchased on the Exchange. Under listing rules, the company is subject to a moratorium on issuing new shares or selling treasury shares until 12 July 2026.

Across the current series of buybacks pending cancellation, transaction prices have ranged between HKD 1.74 and HKD 2.07 per share, reflecting the company’s active use of its repurchase authority within the permitted price band.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment