Zhongyu Energy repurchases 1.00 million shares, treasury stock climbs to 33.50 million

Bulletin Express05-29

Zhongyu Energy Holdings Limited disclosed that it bought back 1.00 million ordinary shares on 29 May 2026 under its existing repurchase mandate.

The on-market purchases were executed at prices ranging from HKD 2.72 to HKD 2.75, with a volume-weighted average cost of HKD 2.74 per share. Aggregate consideration amounted to approximately HKD 2.74 million.

The repurchased shares, equal to 0.0368% of the company’s issued share capital (excluding treasury shares) as of 28 May 2026, have been retained as treasury stock. Consequently, the number of issued shares outstanding (excluding treasury shares) declined to 2.71 billion, while treasury shares increased to 33.50 million. Total issued shares remained unchanged at 2.75 billion.

Since the current buy-back mandate was approved on 2 June 2025, Zhongyu Energy has repurchased a cumulative 33.50 million shares, representing 1.21% of its share base at the time of the mandate. The company is authorised to repurchase up to 277.18 million shares under this mandate. In line with Hong Kong Stock Exchange rules, Zhongyu Energy is subject to a moratorium on issuing new shares or disposing of treasury shares until 28 June 2026.

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