Sunac Services Announces 40.50 Million Share Buyback; Outstanding Shares Steady at 3.03 Billion

Bulletin Express
Sep 25

Sunac Services Holdings Limited reported that its total number of issued shares remained unchanged at 3.03 billion as of 25 September 2026, despite an active on-market repurchase programme executed since late May.

Key figures • Outstanding shares (excluding treasury shares) as at 24 and 25 September 2026: 3.03 billion. • Cumulative shares repurchased for cancellation but not yet cancelled (28 May–25 Sep 2026): 40.50 million, equivalent to 1.34% of the company’s issued share base at the start of the mandate period. • Authorised repurchase limit: 304.90 million shares, leaving c.264.40 million shares (86.7% of the mandate) still available.

Latest daily transaction • 25 September 2026: 0.80 million shares repurchased on the Hong Kong Stock Exchange at prices between HKD 0.74 and HKD 0.78 per share, for a total consideration of HKD 0.61 million. • A 30-day moratorium on new share issuance or treasury-share sales is in effect until 25 October 2026, in accordance with Hong Kong listing rules.

Programme overview Since receiving shareholder authorisation on 22 May 2026, Sunac Services has executed 61 on-market repurchase transactions, with daily volumes ranging from 22,000 to 3.50 million shares and volume-weighted average prices per share between HKD 0.71 and HKD 0.97. All repurchased shares are intended for cancellation; no treasury shares are being held.

Regulatory compliance The board confirms that every repurchase was conducted under the Hong Kong Stock Exchange’s Main Board Rules and the terms of the shareholder-approved mandate. All necessary filings and regulatory requirements have been satisfied, and no new shares were issued during the period under review.

Implications While the repurchase activity has not yet reduced the reported issued share capital—pending formal cancellation—it reflects ongoing capital management efforts. The company’s authorised headroom suggests further buybacks may continue under the current mandate, subject to regulatory constraints.

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