GCL Tech Completes HK$42.25 Million Buyback of 60 Million Shares, Treasury Stock Tops 727 Million

Bulletin Express06-30

GCL Technology Holdings Limited executed an on-market repurchase of 60.00 million ordinary shares on 30 June 2026, paying between HK$0.70 and HK$0.71 per share for a total consideration of HK$42.25 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.18 percentage points to 32.49 billion shares. Treasury shares increased from 667.39 million to 727.39 million, while total issued shares remained unchanged at 33.22 billion as the repurchased shares were retained in treasury rather than cancelled.

The buyback forms part of the mandate approved on 29 May 2026, which authorises GCL Tech to repurchase up to 3.32 billion shares. Cumulative repurchases under this mandate now stand at 727.39 million shares, equivalent to 2.19 % of the company’s issued share base on the mandate date.

Pursuant to Hong Kong listing regulations, the latest repurchase triggers a 30-day moratorium—lasting until 30 July 2026—during which GCL Tech may not issue new shares or dispose of treasury shares without prior Exchange approval. The board confirms that all repurchases were executed in compliance with the Hong Kong Listing Rules and relevant legal requirements.

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