7Road Completes HK$1.69 Million Share Buyback, Awaiting Cancellation of 1.69 Million Shares

Bulletin Express
09/24

7Road Holdings Limited disclosed on 24 September 2026 that it repurchased 1.69 million ordinary shares between 7–24 September under its existing share-buyback mandate. The transactions, executed on The Stock Exchange of Hong Kong, were authorised by the board and carried out in full compliance with listing requirements.

The company’s issued share capital stood at 2.51 billion shares both before and after the period under review, as all repurchased shares have yet to be cancelled. Once cancellation is completed, the share count will fall by 0.07 %, mirroring the proportion of shares bought back.

Repurchases were made across nine trading sessions at prices ranging from HK$1.02 to HK$1.10 per share. The final trade on 24 September involved 182,000 shares for an aggregate HK$0.19 million, with a price band of HK$1.00–HK$1.03 per share.

Under the shareholder mandate granted on 4 September 2026, 7Road is authorised to repurchase up to 250.81 million shares. The cumulative 1.69 million shares acquired to date represent 0.07 % of the authorised limit, leaving substantial headroom for additional buybacks if the board elects to proceed.

All acquired shares are designated for cancellation, aligning with the company’s capital management framework. In line with Main Board Rule 10.06(3)(a), 7Road is subject to a moratorium on new share issues or treasury-share sales until 24 October 2026.

Management affirmed that all requisite funds have been settled and that statutory and regulatory obligations, including filings with the Registrar of Companies and the Hong Kong Stock Exchange, have been duly met.

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