China Resources Gas Group Limited (China Resources Gas, 01193.HK) disclosed on 17 July 2026 that it repurchased 267,700 ordinary shares on the Hong Kong Stock Exchange at prices between HKD 15.43 and HKD 15.50 per share, spending HKD 4.14 million. The volume-weighted average purchase price was approximately HKD 15.49.
Key highlights of the filing are as follows:
• Issued share capital unchanged: The company’s issued share count remained at 2.314 billion shares as of 17 July 2026. All shares bought back are held for cancellation and therefore are not yet reflected in the issued figure.
• Cumulative repurchases awaiting cancellation: Between 28 May 2025 and 17 July 2026, the company has bought back 42.56 million shares that are still pending cancellation. This represents about 1.84 % of the current issued share base.
• Current mandate utilisation: Under the repurchase mandate approved on 28 May 2026, which authorises the company to buy back up to 231.40 million shares, 13.56 million shares have been repurchased so far—equivalent to 0.59 % of the shares in issue on the mandate date.
• Moratorium period: Consistent with Hong Kong Listing Rule 10.06, the company is restricted from issuing new shares or transferring any treasury shares until 16 August 2026.
The filing confirms that all repurchases were executed on the Exchange in full compliance with Hong Kong Stock Exchange regulations and the company’s explanatory statement dated 30 April 2026.
Comments