Shoucheng executes HK$4.74 million share buyback, treasury stock rises to 222.01 million shares

Bulletin Express05-21 18:03

Shoucheng Holdings Limited disclosed that it repurchased 2.75 million ordinary shares on 21 May 2026 via on-market transactions at prices between HK$1.71 and HK$1.74, for a volume-weighted average of HK$1.723 per share. The cash consideration totaled HK$4.74 million.

Following this transaction, the number of issued shares excluding treasury stock fell to 8.18 billion, down 0.0336 %. Treasury shares increased from 219.26 million to 222.01 million, while total issued shares remained unchanged at 8.40 billion.

The buyback formed part of the mandate approved by shareholders on 20 April 2026, which authorises Shoucheng to repurchase up to 819.36 million shares. Including the latest transaction, 15.70 million shares—equivalent to 0.1916 % of the company’s issued share capital on the mandate date—have been repurchased under this authority.

In line with Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 20 June 2026.

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