Swire Properties reports daily share repurchase on HKEX

Swire Properties (HKEX: 1972) disclosed a share repurchase executed on the Stock Exchange of Hong Kong (HKEX) on May 7, 2025. The company repurchased 600,000 ordinary shares on the exchange, at prices ranging from HKD16.5 to HKD17 per share, resulting in an aggregate price paid of HKD10,084,140. These shares will be repurchased for cancellation. As of the date of the resolution granting the repurchase mandate (May 7, 2024), Swire Properties is authorized to repurchase up to 585,000,000 shares. As of May 7, 2025, the company has repurchased 90,715,200 shares, or 1.5507% of the shares outstanding on May 7, 2024. The moratorium period, restricting new share issues or treasury share sales, extends up to June 6, 2025. The listed issuer's closing balance of issued shares stood at 5,771,500,400 on May 7, 2025.