Sunac Services Reports 249,000-Share Buyback on 29 April; Cumulative Repurchases Reach 25.68 Million Shares

Bulletin Express04-29 17:27

Sunac Services Holdings Limited disclosed that it repurchased 249,000 ordinary shares on 29 April 2026 via on-market transactions at prices ranging between HKD 0.95 and HKD 0.97 per share, for a total consideration of approximately HKD 0.24 million.

Including this latest trade, Sunac Services has acquired 25.68 million shares under the repurchase mandate approved on 22 May 2025, equivalent to 0.84% of the company’s issued share capital at the time the mandate was granted. All repurchased shares are intended for cancellation, and 17.88 million of them—bought between 26 March and 29 April 2026—were still pending cancellation as of the latest reporting date.

The company’s issued share capital stood unchanged at 3.05 billion ordinary shares as of 29 April 2026, as the aforementioned repurchased shares had not yet been cancelled. Sunac Services remains authorized to buy back up to 305.68 million shares; after the latest transactions, roughly 280 million shares, or about 9.2% of the original mandate, remain available.

Under Hong Kong Stock Exchange rules, Sunac Services is subject to a 30-day moratorium on issuing new shares following the 29 April repurchase, expiring on 29 May 2026.

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