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

Bulletin Express
Oct 27

Shougang Century Holdings Limited (00103) disclosed a share repurchase carried out on 27 October 2025. A total of 868,000 ordinary shares were repurchased on the Hong Kong Stock Exchange at prices ranging between HKD 0.78 and HKD 0.79 per share, amounting to HKD 677,360 in total. These repurchased shares are held as treasury shares, which increased from 61,952,000 to 62,820,000. The number of issued shares (excluding treasury shares) consequently decreased to 2,612,319,708, while the total number of shares remained at 2,675,139,708.

The repurchase falls under a mandate granted on 10 June 2025, authorizing a maximum of 235,005,819 shares to be repurchased. Approximately 2.6731% of the issuer’s shares (excluding treasury shares) as at the date of the mandate have been repurchased thus far. Pursuant to applicable rules, a moratorium for issuing new shares or dealing in treasury shares is in place until 26 November 2025.

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