ES SERVICES repurchases 200,000 shares on 4 May, lifting total pending cancellation to 4.00 million

Bulletin Express05-04

Ever Sunshine Services Group Limited (abbreviated as ES SERVICES) disclosed a fresh on-market share buyback under its existing mandate.

On 4 May 2026, the company repurchased 200,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 1.98 to HKD 1.99, for a total consideration of HKD 0.40 million. All repurchased shares are designated for cancellation.

Including this transaction, ES SERVICES has bought back 4.00 million shares between 31 March and 4 May 2026, each tranche amounting to 200,000 shares. These repurchases represent approximately 0.24% of the company’s 1.72 billion issued shares and were executed at volume-weighted average prices between HKD 1.78 and HKD 1.99 per share.

The current issued share capital remains unchanged at 1,722.59 million shares, as the above repurchased shares had not yet been cancelled as of the disclosure date. Under the shareholder mandate approved on 22 May 2025, ES SERVICES is authorised to repurchase up to 172.86 million shares, of which 9.95 million shares, or 0.58% of the issued share base at mandate date, have been bought back to date.

In line with Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury-share sales until 3 June 2026 following the latest buyback.

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