Shougang Century (00103) Announces 89,000-Share Repurchase

Bulletin Express
Feb 11

On 11 February 2026, Shougang Century Holdings Limited (Stock Code: 00103) disclosed the repurchase of 89,000 ordinary shares on The Stock Exchange of Hong Kong, at a highest price of HKD 2.84 and a lowest price of HKD 2.65 per share, for a total consideration of HKD 243,010. These shares were added to treasury shares and were not cancelled.

Before the repurchase, the number of issued shares (excluding treasury shares) stood at 519,600,941 as of 10 February 2026, with 15,427,000 treasury shares recorded. Following the transaction, the issued shares (excluding treasury shares) decreased to 519,511,941, and treasury shares increased to 15,516,000, bringing the total to 535,027,941.

Pursuant to a repurchase mandate dated 10 June 2025, the company had the authority to repurchase up to 47,001,163 shares. As of this announcement, 15,516,000 shares had been repurchased, representing approximately 3.3012% of the total number of issued shares (excluding treasury shares) on the date the mandate was granted. A 30-day moratorium period on issuing new shares or disposing of treasury shares will remain in effect until 13 March 2026.

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.

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