On November 30, 2023, until July 26, 2024, SF Express (09699.HK) announced that it had carried out a series of H-share repurchases on the Stock Exchange of Hong Kong. As of the date of this announcement, the company has repurchased a total of 18,904,200 H shares, accounting for approximately 2.03% of the total number of shares issued by the company at the annual general meeting of shareholders approving the repurchase authorization, and 2.48% of the total number of H shares issued by the company. Among them, 16,082,200 shares of the company's repurchased H shares have been cancelled on August 6, 2024, and 2,822,000 shares of the company's repurchased H shares are held by the company as treasury shares.
The company will continue to observe the market and financial conditions, and may further use the remaining part of the repurchase funds described in the announcement on October 19, 2023 to repurchase H shares at an appropriate time, pursuant to the repurchase authorization approved at the annual general meeting of shareholders held in 2024.
