Sunac Services adds 200,000-share buyback; cumulative repurchases climb to 26.00 million, or 0.85 % of share capital

Bulletin Express07-08

Sunac Services Holdings Limited disclosed in a Next Day Disclosure Return (8 July 2026) that it repurchased 200,000 ordinary shares on the Hong Kong Stock Exchange at HK$0.79 per share, for a total consideration of HK$0.16 million. All repurchased shares are intended for cancellation.

Including this latest transaction, the company has bought back 26.00 million shares between 28 May and 8 July 2026 under the mandate approved on 22 May 2026. The cumulative amount represents 0.85 % of the issued share base as at the mandate date. The current mandate allows for the repurchase of up to 304.90 million shares.

Despite the ongoing buybacks, the company’s issued share capital remains unchanged at 3.03 billion shares because the repurchased shares had not yet been cancelled as of the reporting date.

Under Hong Kong listing rules, Sunac Services is restricted from issuing new shares for 30 days following the latest repurchase, setting a moratorium period through 7 August 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