Shougang Century (00103) Announces Share Repurchase Update

Bulletin Express
2025/10/17

Shougang Century Holdings Limited (stock code: 00103) disclosed a share repurchase of 700,000 ordinary shares conducted on 17 October 2025 at a price of HKD 0.8 per share. Following the transaction, treasury shares rose from 53,952,000 to 54,652,000, while the total number of issued shares remained at 2,675,139,708 and the number of issued shares excluding treasury shares shifted to 2,620,487,708.

The repurchase, amounting to HKD 560,000 in aggregate, was carried out under a mandate approved on 10 June 2025 to repurchase up to 235,005,819 shares. To date, 54,652,000 shares have been repurchased under this mandate, representing 2.3256% of the number of issued shares as at the date of the repurchase resolution. A moratorium period applies until 16 November 2025, restricting the issuer from making new share issues or certain disposals of treasury shares during this time frame.

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