Cathay Pacific Airways Limited (stock code: 00293) published its monthly return for the period ended 30 November 2025. The total number of issued ordinary shares climbed from 6,717,196,136 shares at the end of October to 6,719,891,553 shares, an increase of 2,695,417 shares.
According to the announcement, the gain in issued ordinary shares during the month stemmed from conversions of the 2.75% guaranteed convertible bonds. The principal amount of the bonds at the start of November was HK$72,000,000, with HK$20,000,000 converted, leaving HK$52,000,000 outstanding. A total of 2,695,417 new ordinary shares were issued upon conversion at a price of HK$7.42.
The announcement further disclosed an off-market share buy-back proposal involving Qatar Airways, subject to various conditions. Under a Deed of Undertaking, 643,076,181 ordinary shares may be transferred to Cathay Pacific and held as treasury shares upon completion of the buy-back process. The company’s statement confirmed that all relevant regulatory and corporate requirements for the November 2025 changes in issued shares have been satisfied.
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