Sunac Services Completes 35.40 Million-Share Buyback; Issued Capital Steady at 3.03 Billion Shares

Bulletin Express
昨天

Sunac Services Holdings Limited disclosed on 9 September 2026 that its total issued share capital remained unchanged at 3.03 billion ordinary shares following recent market operations. No new shares were issued or cancelled during the period from 8 to 9 September.

Key developments

1. Share capital position • Opening and closing balances (8–9 Sep 2026): 3,027.97 million issued shares; no treasury shares were outstanding. • The company has not yet cancelled any of the repurchased shares detailed below, so the issued share count is unchanged.

2. Ongoing share repurchase programme • Between 28 May and 9 September 2026, Sunac Services bought back 35.40 million shares for cancellation, equal to 1.16 % of the company’s issued share base as at the 22 May 2026 mandate date. • Based on the volume-weighted average prices disclosed for each trading day, the cumulative consideration for these repurchases is estimated at approximately HKD 29.82 million. • The highest average price paid during the period was HKD 0.97 per share (29 May), while the lowest was HKD 0.71 per share (30 June).

3. Latest transaction • On 9 September 2026, the company repurchased 0.20 million shares on the Hong Kong Stock Exchange at prices ranging between HKD 0.815 and HKD 0.825, for an aggregate cost of HKD 0.16 million. • These shares are earmarked for cancellation.

4. Repurchase authority and restrictions • The buyback is conducted under a mandate approved on 22 May 2026, authorising repurchases of up to 304.90 million shares. • Post-repurchase, the company has utilised 11.60 % of this mandate. • In line with Main Board Rule 10.06(3)(a), Sunac Services is subject to a moratorium on issuing new shares or disposing of treasury shares until 9 October 2026.

The disclosures were confirmed by Company Secretary Zhang Xiaoming, affirming compliance with Hong Kong Stock Exchange regulations and all relevant legal requirements.

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