Shoucheng repurchases 3.40 million shares for HK$5.73 million, trimming free float to 7.99 billion

Bulletin Express07-24 17:42

Shoucheng Holdings Limited disclosed that it bought back 3.40 million ordinary shares on 24 July 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The on-market repurchases were executed at prices between HK$1.67 and HK$1.70 per share, giving a volume-weighted average of HK$1.6845 and a total consideration of HK$5.73 million.

Key balance-sheet effects: • Outstanding shares (excluding treasury stock) fell by 0.0425 % to 7.99 billion. • Treasury shares increased to 409.78 million, while total issued shares remained unchanged at 8.40 billion.

Repurchase mandate utilisation: • Shareholders authorised a buyback ceiling of 819.36 million shares on 20 April 2026. • Cumulative repurchases under this mandate now total 203.46 million shares, equal to 2.48 % of the share count on the mandate date. • Remaining headroom stands at approximately 615.89 million shares.

In accordance with Main Board Rule 10.06(3)(a), Shoucheng is subject to a 30-day moratorium on new share issues or treasury-share disposals, ending on 23 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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1195148339?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 17:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195148339","market":"hk","top_or_hot":-1,"title":"Shoucheng repurchases 3.40 million shares for HK$5.73 million, trimming free float to 7.99 billion","media":"Bulletin Express","content":"<p>Shoucheng Holdings Limited disclosed that it bought back 3.40 million ordinary shares on 24 July 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.</p>\n<p>The on-market repurchases were executed at prices between HK$1.67 and HK$1.70 per share, giving a volume-weighted average of HK$1.6845 and a total consideration of HK$5.73 million.</p>\n<p>Key balance-sheet effects:\n• Outstanding shares (excluding treasury stock) fell by 0.0425 % to 7.99 billion.  \n• Treasury shares increased to 409.78 million, while total issued shares remained unchanged at 8.40 billion.</p>\n<p>Repurchase mandate utilisation:\n• Shareholders authorised a buyback ceiling of 819.36 million shares on 20 April 2026.  \n• Cumulative repurchases under this mandate now total 203.46 million shares, equal to 2.48 % of the share count on the mandate date.  \n• Remaining headroom stands at approximately 615.89 million shares.</p>\n<p>In accordance with Main Board Rule 10.06(3)(a), Shoucheng is subject to a 30-day moratorium on new share issues or treasury-share disposals, ending on 23 August 2026.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shoucheng repurchases 3.40 million shares for HK$5.73 million, trimming free float to 7.99 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShoucheng repurchases 3.40 million shares for HK$5.73 million, trimming free float to 7.99 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-07-24 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shoucheng Holdings Limited disclosed that it bought back 3.40 million ordinary shares on 24 July 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.</p>\n<p>The on-market repurchases were executed at prices between HK$1.67 and HK$1.70 per share, giving a volume-weighted average of HK$1.6845 and a total consideration of HK$5.73 million.</p>\n<p>Key balance-sheet effects:\n• Outstanding shares (excluding treasury stock) fell by 0.0425 % to 7.99 billion.  \n• Treasury shares increased to 409.78 million, while total issued shares remained unchanged at 8.40 billion.</p>\n<p>Repurchase mandate utilisation:\n• Shareholders authorised a buyback ceiling of 819.36 million shares on 20 April 2026.  \n• Cumulative repurchases under this mandate now total 203.46 million shares, equal to 2.48 % of the share count on the mandate date.  \n• Remaining headroom stands at approximately 615.89 million shares.</p>\n<p>In accordance with Main Board Rule 10.06(3)(a), Shoucheng is subject to a 30-day moratorium on new share issues or treasury-share disposals, ending on 23 August 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00697","symbol_name":"首程控股","start_time":0,"source_url":"","article_id":"1195148339","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195148339","pubTimestamp":1784886158,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Shoucheng Holdings Limited disclosed that it bought back 3.40 million ordinary shares on 24 July 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange. The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00697":"首程控股"},"translate_title":"首诚以573万港元回购340万股股份，将自由流通量削减至79.9亿股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00697":1},"content_text":"Shoucheng Holdings Limited disclosed that it bought back 3.40 million ordinary shares on 24 July 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.\nThe on-market repurchases were executed at prices between HK$1.67 and HK$1.70 per share, giving a volume-weighted average of HK$1.6845 and a total consideration of HK$5.73 million.\nKey balance-sheet effects:\n• Outstanding shares (excluding treasury stock) fell by 0.0425 % to 7.99 billion.  \n• Treasury shares increased to 409.78 million, while total issued shares remained unchanged at 8.40 billion.\nRepurchase mandate utilisation:\n• Shareholders authorised a buyback ceiling of 819.36 million shares on 20 April 2026.  \n• Cumulative repurchases under this mandate now total 203.46 million shares, equal to 2.48 % of the share count on the mandate date.  \n• Remaining headroom stands at approximately 615.89 million shares.\nIn accordance with Main Board Rule 10.06(3)(a), Shoucheng is subject to a 30-day moratorium on new share issues or treasury-share disposals, ending on 23 August 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195148339","isCrawlerRequest":true}