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Sunac Services (01516) Announces Next Day Disclosure Return With 7 Million Shares Repurchased

Bulletin Express01-19 23:04

Sunac Services Holdings Limited (01516) published a Next Day Disclosure Return dated 19 January 2026. According to the document, the number of issued ordinary shares remained at 3,056,844,000, with no net change between 16 January 2026 and 19 January 2026.

From 30 December 2025 to 19 January 2026, a total of 7 million shares were repurchased at prices ranging approximately from HKD 1.38 to HKD 1.427. These repurchased shares have not yet been cancelled and represent around 0.23% of the total issued shares as of the date of the repurchase mandate.

The company received authorisation on 22 May 2025 to repurchase up to 305,684,400 shares. The latest 400,000-share repurchase, executed on 19 January 2026, was completed on the Stock Exchange at HKD 1.38 per share, with an aggregate price of HKD 552,000.

The moratorium period for new share issuance or sale/transfer of treasury shares extends until 18 February 2026, subject to relevant listing rules and approvals.

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.

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