Sunac Services Advances Buyback Programme, Acquiring 16.53 Million Shares at HKD 0.90 Average Price

Bulletin Express
04/23

Sunac Services Holdings Limited disclosed on 23 April 2026 that its issued share capital remained stable at 3.05 billion ordinary shares, while repurchase activity continued under the current mandate approved on 22 May 2025.

Between 26 March and 23 April 2026, the company bought back 16.53 million shares for cancellation (not yet cancelled), equal to approximately 0.54 % of the existing share base. Aggregate consideration totalled HKD 14.86 million, translating into a volume-weighted average price of about HKD 0.90 per share.

The most recent transaction on 23 April 2026 involved 100,000 shares repurchased on the Exchange at HKD 0.93 each, costing HKD 93,000.

Cumulatively, Sunac Services has acquired 24.33 million shares since the mandate was granted, representing 0.80 % of the share capital on the mandate date. The authorisation permits repurchases of up to 305.68 million shares, leaving significant capacity for further buybacks.

In line with Hong Kong Listing Rules, the company is restricted from issuing new shares until 23 May 2026, 30 days after the latest repurchase.

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