Shoucheng Holdings Buys Back 600,000 Shares on September 7
Stock News
Sep 07
Shoucheng (HK: 00697) announced that on September 7, 2026, the company repurchased 600,000 of its shares for a total consideration of HK$853,600.
The buyback transaction reflects the company's ongoing capital management strategy, as it continues to utilize its financial resources to reduce the outstanding share count and potentially enhance shareholder value.
This move comes as part of the firm's broader efforts to signal confidence in its long-term business prospects, with the repurchase price being executed at prevailing market rates on the Hong Kong Stock Exchange.
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