Shoucheng executes HKD 3.32 million buy-back of 1.90 million shares, increasing treasury stock to 223.91 million

Bulletin Express05-22 17:43

Shoucheng Holdings Limited reported a next-day disclosure detailing the repurchase of 1.90 million ordinary shares on 22 May 2026. All shares were bought on the Hong Kong Stock Exchange at prices ranging from HKD 1.73 to HKD 1.75, resulting in an aggregate consideration of HKD 3.32 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.02 percentage points to 8.18 billion shares, while treasury shares rose to 223.91 million. Total shares in issue, including treasury stock, remained unchanged at 8.40 billion.

The buy-back formed part of the mandate approved on 20 April 2026, which authorises Shoucheng to repurchase up to 819.36 million shares. Cumulative repurchases under this authority now stand at 17.60 million shares, representing 0.21% of the shares outstanding on the mandate’s grant date. In line with Hong Kong stock exchange rules, Shoucheng is subject to a moratorium on new share issues or treasury share disposals until 21 June 2026.

All repurchases were conducted in compliance with Main Board Listing Rules, and there were no shares cancelled as a result of the latest transaction; the 1.90 million shares are held as treasury stock.

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