Shoucheng Holdings Buys Back 14.72 Million Shares for HK$23.23 Million, Cutting Free Float by 0.18%

Bulletin Express06-26

Shoucheng Holdings Limited disclosed a fresh share repurchase of 14.72 million ordinary shares on 26 June 2026 via on-exchange transactions, spending HK$23.23 million in total. The purchase price ranged between HK$1.55 and HK$1.62 per share, implying a volume-weighted average cost of approximately HK$1.5785 per share.

Following this transaction, Shoucheng’s outstanding share count (excluding treasury shares) fell from 8.04 billion to 8.03 billion, a reduction of 0.18%. Correspondingly, the company’s treasury share balance increased to 371.66 million shares, while total issued share capital remained unchanged at 8.40 billion shares.

The repurchases were executed under the mandate approved on 20 April 2026, which authorises the company to buy back up to 819.36 million shares. To date, Shoucheng has repurchased 165.34 million shares under this mandate, equivalent to 2.02% of the company’s issued share capital on the mandate date.

Under Hong Kong Stock Exchange rules, Shoucheng is subject to a moratorium on issuing new shares or disposing of treasury shares until 26 July 2026.

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