GCL Tech buys back 150 million shares; treasury stock reaches 892 million

Bulletin Express07-08

GCL Technology Holdings Limited (GCL Tech) disclosed on 08 July 2026 that it repurchased 150.00 million ordinary shares on the Hong Kong Stock Exchange, adding the entire amount to treasury stock.

Prior to the transaction, GCL Tech had 32.47 billion issued shares (excluding 742.39 million treasury shares). After the buy-back, the outstanding share count fell to 32.32 billion, while treasury shares increased to 892.39 million. Total issued shares remained unchanged at 33.22 billion. The latest buy-back represents 0.46 % of the company’s pre-transaction issued share capital.

The shares were repurchased at prices between HKD 0.63 and HKD 0.66, with a volume-weighted average of HKD 0.6429. Aggregate consideration amounted to HKD 96.44 million.

Shareholders had granted a repurchase mandate on 29 May 2026 authorising up to 3.32 billion shares. Cumulative purchases now stand at 892.39 million shares, or 26.85 % of the authorised limit, equating to 2.69 % of the issued share capital on the mandate date.

All repurchased shares are being held as treasury shares; none have been cancelled. Consistent with Hong Kong listing rules, GCL Tech is subject to a moratorium on issuing new shares or disposing of treasury shares until 07 August 2026.

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