7Road Buys Back 8.62 Million Shares for HKD 10.08 Million; Cumulative Pending Cancellations at 147.96 Million

Bulletin Express
Jul 31

7Road Holdings Limited disclosed in a resubmitted Next Day Disclosure Return (2 July 2026) that it repurchased 8.62 million ordinary shares on the Hong Kong Stock Exchange at HKD 1.16–1.17 per share, for a total consideration of HKD 10.08 million. All the shares are earmarked for cancellation.

Including the latest transaction, the company has bought back 147.96 million shares between 18 May and 2 July 2026 that remain outstanding pending cancellation. This volume represents approximately 5.38 % of the 2.75 billion shares in issue before the commencement of the programme.

Despite the buybacks, the issued share capital stood unchanged at 2,747.74 million shares as of 2 July 2026 because the repurchased shares had not yet been cancelled.

The repurchases are being carried out under a mandate approved on 26 May 2026, which permits the company to repurchase up to 274.77 million shares. To date, 143.41 million shares, or 52.19 % of the mandate, have been utilised. In line with listing regulations, 7Road is subject to a moratorium on issuing new shares or disposing of treasury shares until 1 August 2026.

Based on disclosed per-share prices, the aggregate cash outlay for buybacks executed from 18 May through 2 July 2026 is estimated at approximately HKD 163.75 million. The board confirmed that all transactions complied with Hong Kong listing requirements and relevant regulatory provisions.

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