7Road files Next Day Disclosure; accumulates 166.97 million share buybacks—6.08% of share capital since late May

Bulletin Express
Jul 06

7Road Holdings Limited disclosed fresh share buy-back activity in a Next Day Disclosure Return dated 6 July 2026.

Key figures • Share capital unchanged: The company’s issued share count remained at 2.75 billion ordinary shares as of 6 July 2026. No new shares or treasury-share cancellations were recorded during the period under review.

• Ongoing repurchase programme: 7Road bought back 9.43 million shares on 6 July 2026 via on-exchange transactions at HK$1.18–1.19 each, spending HK$11.20 million. All shares are earmarked for cancellation.

• Cumulative repurchases: From 18 May to 6 July 2026, the company has repurchased 166.97 million shares under the mandate approved on 26 May 2026, equivalent to 6.08 % of the outstanding shares on the mandate date (274.77 million shares authorised).

• Price dynamics: Across the 26 trading sessions detailed in the filing, buy-back prices ranged between HK$0.55 and HK$1.19, reflecting stepped-up purchases as the stock price advanced.

• Capital management timeline: In line with Hong Kong listing rules, 7Road is subject to a 30-day moratorium on issuing new shares after the latest repurchase, ending 5 August 2026.

The board confirms that every repurchase followed the Hong Kong Listing Rules, relevant laws and the terms of the shareholders’ mandate.

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