Zhongyu Energy Repurchases 0.02% of Outstanding Shares, Adds 0.50 Million to Treasury

Bulletin Express
43 mins ago

On 10 September 2026, Zhongyu Energy Holdings Limited executed an on-market repurchase of 500,000 ordinary shares on the Hong Kong Stock Exchange. The shares were bought at prices ranging between HKD 2.775 and HKD 2.815, for an aggregate consideration of HKD 1.40 million.

Following the transaction, Zhongyu Energy’s issued share capital (excluding treasury shares) declined by 0.0186% to 2.69 billion shares, while treasury shares increased to 56.04 million. The company’s total number of shares in issue remains unchanged at 2.75 billion, as the repurchased shares are being held in treasury rather than cancelled.

The buyback forms part of the share-repurchase mandate approved on 26 June 2026, which authorises Zhongyu Energy to repurchase up to 270.56 million shares. Cumulative repurchases under this mandate now stand at 13.34 million shares, equivalent to 0.49% of the company’s issued share capital on the mandate date, leaving capacity to repurchase up to a further 257.22 million shares.

In line with Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 10 October 2026 (30 days after the latest repurchase).

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