Shoucheng Executes HKD 0.84 Million Share Buyback, Reduces Free Float by 0.0082%

Bulletin Express11-05

Shoucheng Holdings Limited disclosed that it repurchased 650,000 ordinary shares on 05 November 2026 through on-market transactions on the Hong Kong Stock Exchange at HKD 1.29 per share. The transaction cost totalled HKD 0.84 million and all repurchased shares will be held as treasury stock. No shares were cancelled.

Following the buyback, the company’s issued share capital (excluding treasury shares) declined to 7.91 billion from 7.91 billion, representing a marginal reduction of 0.0082%. Treasury shares increased to 494.41 million, while the total number of issued shares remained unchanged at 8.40 billion.

The repurchase forms part of the mandate approved on 20 April 2026, which authorises Shoucheng to buy back up to 819.36 million shares. To date, 288.10 million shares—equivalent to 3.52% of the share count on the mandate date—have been repurchased under this authority. A 30-day moratorium on new share issues or treasury share sales is in effect until 05 December 2026, in accordance with Hong Kong Listing Rules.

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