7Road Executes HKD9.06 Million Buyback; 120.93 Million Shares Pending Cancellation

Bulletin Express
Jun 25

7Road Holdings Limited (7Road) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 25 June 2026, detailing continued activity under its share-repurchase programme.

• Latest transaction: On 25 June, the company bought back 7.61 million ordinary shares on the Exchange at HKD1.15–1.19, spending HKD9.06 million. All shares are designated for cancellation.

• Share capital status: Issued share capital remains at 2.75 billion shares, with no treasury shares held, because the repurchased shares have not yet been cancelled.

• Cumulative repurchases awaiting cancellation: Between 18 May and 25 June 2026, 120.93 million shares are pending cancellation, representing approximately 4.40 % of the current issued share base.

• Mandate utilisation: The general mandate approved on 26 May 2026 allows repurchases of up to 274.77 million shares. As of 25 June, 116.23 million shares—or 4.23 % of issued shares at the mandate date—have been acquired under this authority.

• Compliance statement: The board confirms that all buybacks were properly authorised and executed in accordance with Listing Rules and applicable regulations. A 30-day moratorium on new share issues or treasury-share sales runs through 25 July 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.

Most Discussed

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