7Road repurchases 14.63 million shares for HKD16.46 million; cumulative buybacks reach 3.65% of share capital

Bulletin Express
Jun 23

7Road Holdings Limited disclosed a Next Day Disclosure Return dated 23 June 2026, confirming a sizeable on-market share repurchase executed the same day and updating the market on cumulative buyback activity since mid-May.

The company bought back 14.63 million ordinary shares on 23 June 2026 via the Hong Kong Stock Exchange at prices between HKD1.11 and HKD1.14 per share, for a total consideration of HKD16.46 million. All repurchased shares are designated for cancellation; no treasury shares were retained.

Following the latest transaction, the total number of shares repurchased under the mandate granted on 26 May 2026 stands at 100.33 million, representing 3.65 % of the company’s issued share capital on the mandate date. The mandate permits the company to repurchase up to 274.77 million shares.

Despite the ongoing buybacks, the company’s issued share capital remains unchanged at 2.75 billion shares as of 23 June 2026 because the repurchased shares have not yet been cancelled. In accordance with Listing Rule 10.06, 7Road is subject to a moratorium on issuing new shares until 23 July 2026.

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