Shougang Century (00103) Announces Share Repurchase and Updated Share Capital

Bulletin Express
10/28

Shougang Century Holdings Limited (stock code: 00103) submitted a Next Day Disclosure Return on 28 October 2025, disclosing a repurchase of 1,550,000 ordinary shares on the same day. The shares were acquired at HKD 0.78 each, with a total repurchase cost of HKD 1,209,000. Following this transaction, the company’s outstanding issued shares (excluding treasury shares) decreased from 2,612,319,708 to 2,610,769,708, while treasury shares increased from 62,820,000 to 64,370,000. The overall issued share capital remained at 2,675,139,708 shares.

Based on the declaration, there is a 30-day moratorium period that restricts any new issue or transfer of treasury shares until 27 November 2025. The resolution approved on 10 June 2025 authorized the repurchase of up to 235,005,819 shares, and cumulatively, 64,370,000 shares have been repurchased under this mandate so far, representing 2.7391% of the number of issued shares on the resolution date.

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