SF Holding Approves HK$500 Million H-Share Buyback Mandate

Bulletin Express
03/30

SF Holding Co., Ltd. has announced Board approval for a 2026 H-Share Repurchase Plan with an aggregate limit of up to HK$500.00 million. The initiative aims to bolster shareholder interests and reinforce market confidence following authorisation granted at the 2024 Annual General Meeting.

The programme permits the repurchase of up to 10% of the company’s issued H shares (excluding any treasury shares) over a 12-month window beginning 30 March 2026. Daily repurchase prices may not exceed the average closing price of the five trading days preceding each transaction by more than 5%, in line with Hong Kong Listing Rules.

Funding will derive solely from internal resources, self-raised funds or other sources allowed under prevailing regulations. All repurchased shares will be held as treasury stock and must be transferred, sold or cancelled within three years of the completion announcement. Potential uses include employee share ownership schemes, equity incentive plans or conversion of convertible bonds, subject to further approvals.

The plan’s validity is contingent on shareholder renewal of a new buyback mandate at the 2025 AGM; expiration will occur earlier if the HK$500.00 million ceiling is reached or the Board resolves to terminate the programme.

SF Holding cautioned investors that actual execution—covering timing, volume and price—remains subject to market conditions and regulatory compliance. Shareholders and prospective investors are advised to exercise prudence when dealing in the company’s securities.

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