Shougang Cent Completes Share Buyback on September 10

Stock News

09/10

Shougang Cent (00103) announced that on September 10, 2026, it repurchased 69,000 shares for a total consideration of HK$144,300.

The buyback reflects the company's ongoing capital management strategy, signaling confidence in its financial position and commitment to enhancing shareholder value. Details of the repurchase were disclosed in an official filing, with the transaction executed on the open market.

This move aligns with similar actions taken by the firm in recent months, as it continues to optimize its share structure. Investors may view this as a positive indicator, though market conditions remain dynamic. The company has not provided further commentary beyond the regulatory announcement.

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