Swire Pacific Limited (SEHK:19) announces a share repurchase program. Under the program, the company has entered into an agreement with J.P. Morgan Securities (Asia Pacific) Limited pursuant to which the broker and/or its affiliates to repurchase up to HKD 6,000 million worth of its shares. The repurchase price of any shares under the program will not be higher by 5% or more than the average closing price of the relevant class of shares on the stock exchange for the five trading days preceding the date of buyback as required under the Listing Rules.

The program will be funded from the available capital and cash reserves of the company. The program will expire on the conclusion of the annual general meeting of the Company to be held in May 2025.