GUSHENGTANG HOLDINGS LIMITED (stock code: 02273) published a Next Day Disclosure Return dated 20 October 2025, highlighting no change in its total issued shares compared to 17 October 2025, leaving the figure at 236,014,992. Nonetheless, the document outlines multiple batches of share repurchases for cancellation carried out since 1 September 2025.

According to the filing, the most recent repurchase took place on 20 October 2025, involving 232,000 shares at prices between HKD 29.22 and HKD 29.6, with an aggregate consideration of HKD 6,835,220. In total, the company has repurchased 4,678,100 shares under an existing mandate passed on 20 June 2025, representing approximately 1.9742% of the shares in issue on that mandate date. The disclosure further indicates a moratorium period until 19 November 2025 for new share issuance after these repurchases.