Shougang Cent (HK: 00103) disclosed on September 4 that it repurchased 15,000 of its own shares, spending approximately HK$31,000 in the transaction.
This buyback reflects the company's ongoing capital management strategy and its commitment to returning value to shareholders.
The repurchase activity occurred under the firm's existing share buyback mandate, which allows for such market operations within specified regulatory parameters.
Following the transaction, the total number of repurchased shares has been adjusted in accordance with the company's records, though no further details on subsequent holdings were immediately released.