Shougang Century (00103) Announces Share Repurchase and Updated Capital Structure

Bulletin Express
10/22

Shougang Century Holdings Limited (00103) disclosed a repurchase of 800,000 issued shares on 22 October 2025 at HKD 0.79 per share, amounting to a total of HKD 632,000. Post-repurchase, the number of issued shares stood at 2,615,937,708, while treasury shares increased to 59,202,000. No shares from this purchase have been cancelled.

According to the repurchase mandate dated 10 June 2025, the company is authorized to repurchase up to 235,005,819 shares, with the total shares repurchased under this mandate representing approximately 2.5192% of the issuer’s outstanding shares as of the mandate date. The announcement further indicates a moratorium period extending through 21 November 2025, during which no new share issuance or transfer of treasury shares may occur without prior Exchange approval.

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