Shoucheng Holdings executes HKD 14.24 million on-market buyback; treasury shares rise to 268.33 million

Bulletin Express06-05

On 05 June 2026, Shoucheng Holdings Limited repurchased 8.35 million ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 1.68 to HKD 1.72 per share, spending a total of HKD 14.24 million. The volume-weighted average price for the transaction was HKD 1.7051 per share.

Following the buyback, the number of issued shares excluding treasury shares fell by 0.10% to 8.13 billion, while treasury shares increased to 268.33 million. The company’s total issued share capital remained unchanged at 8.40 billion shares.

The repurchase forms part of a mandate approved on 20 April 2026 that authorises Shoucheng Holdings to buy back up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 62.01 million shares, equivalent to 0.76% of the issued share base on the mandate date.

Under Hong Kong listing rules, Shoucheng Holdings is subject to a moratorium on issuing new shares or disposing of treasury shares until 05 July 2026.

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