S E A Holdings Limited (SEHK:251) commences share repurchases on September 6, 2017, under the program mandated by the shareholders in the Annual General Meeting held on May 29, 2017. As per the mandate, the company will repurchase up to 67,921,472 shares, representing 10% of its issued share capital. In repurchasing shares, the company may only apply funds legally available for such purpose in accordance with its Memorandum of Association and Bye-laws and the laws of Bermuda. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual general Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 29, 2017, the company had 679,214,726 shares in issue.