7Road Holdings Limited disclosed a Next Day Disclosure Return dated 20 July 2026 detailing the latest movements in its share capital.
Key points
1. Latest on-market repurchase • On 20 July 2026 the company bought back 478,000 ordinary shares on the Hong Kong Stock Exchange at prices between HKD 1.07 and HKD 1.10, for a total consideration of HKD 0.52 million. • All 478,000 shares are earmarked for cancellation.
2. Running tally of the 2026 programme • Between 18 May and 20 July 2026, 7Road has repurchased 235.10 million shares under its current mandate, equal to 8.56 % of the 2.75 billion shares outstanding at the date the mandate was granted (26 May 2026). • The mandate allows the company to buy back up to 274.77 million shares, meaning 85.6 % of the authorised volume has now been utilised. • Repurchase prices during the period ranged from HKD 0.55 to HKD 1.19 per share.
3. Impact on share capital • Issued share capital remained at 2.75 billion shares as of 20 July 2026 because the repurchased shares had not yet been cancelled. • Once all shares bought back are cancelled, the outstanding share count will fall by the number repurchased, tightening the free float by the same proportion.
4. Regulatory timeline • A moratorium on the issuance of new shares or sale/transfer of treasury shares is in effect until 19 August 2026, in accordance with Main Board Rule 10.06(3)(a). • The board confirms all repurchases complied with Hong Kong listing rules and the explanatory statement dated 24 April 2026.
No new shares were issued, and no treasury shares were sold during the period covered by the filing.