Gushengtang (02273) Announces Share Repurchase and Issued Shares Update

Bulletin Express
10/23

Gushengtang Holdings Limited (stock code 02273) released a Next Day Disclosure Return detailing that its issued share capital stood at 236,014,992 shares on both 22 October 2025 and 23 October 2025, indicating no change in the total number of issued shares during this period.

Meanwhile, between 1 September 2025 and 23 October 2025, the company carried out multiple share repurchases for cancellation, which have not yet been reflected in the share count. A total of 5,117,600 shares have been repurchased under an existing mandate representing approximately 2.1596% of the issued shares as of the date of the shareholders’ resolution passed on 20 June 2025. On 23 October 2025 specifically, 198,600 shares were repurchased on the Hong Kong Stock Exchange at prices ranging from HKD 29.24 to HKD 29.8 per share, amounting to an aggregate consideration of HKD 5,863,384.

The share repurchases are subject to Main Board rules governing buybacks. Pursuant to these rules and related restrictions, Gushengtang Holdings Limited is under a moratorium on any new share issuance or transfer of treasury shares until 22 November 2025, barring specific exceptions. According to the announcement, there have been no other changes in treasury shares or new share issuances.

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