Sunac Services executes 5 million-share buyback at HKD 0.88–0.91; cumulative repurchases reach 12.80 million shares

Bulletin Express
Yesterday

Sunac Services Holdings Limited disclosed that on 26 March 2026 it repurchased 5.00 million ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 0.88 to HKD 0.91 per share, spending HKD 4.45 million. The purchase represents 0.16% of the company’s 3.06 billion issued shares.

Including this transaction, the company has bought back 12.80 million shares since 30 December 2025 under its current mandate approved on 22 May 2025. The aggregate consideration for these repurchases amounts to approximately HKD 15.38 million, implying a volume-weighted average price of HKD 1.20 per share. The shares acquired to date account for 0.42% of the total shares outstanding on the mandate date and remain pending cancellation.

The authorised share-repurchase limit stands at 305.68 million shares, leaving roughly 292.88 million shares (95.81% of the mandate) still available. In accordance with Hong Kong listing rules, Sunac Services is subject to a moratorium on issuing new shares until 25 April 2026.

As of the disclosure date, the company’s issued share capital remains unchanged at 3.06 billion shares, as none of the repurchased shares have yet been cancelled.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10