China Res Gas buys back 3.00 million shares for HK$54.33 million; 28.99 million shares now pending cancellation

Bulletin Express05-28

China Resources Gas Group Limited (China Res Gas) has disclosed a fresh on-market repurchase of 3.00 million ordinary shares on 28 May 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 28 May 2026.

The latest purchase was executed on the Exchange at prices between HK$17.96 and HK$18.26 per share, for an average cost of approximately HK$18.11, translating into a total cash outlay of HK$54.33 million.

Issued share capital stood unchanged at 2.31 billion shares as at 28 May 2026, as the company did not issue new shares. All shares repurchased to date remain outstanding pending formal cancellation.

Including the newest tranche, China Res Gas has accumulated 28.99 million shares for cancellation since the current buyback mandate was approved on 28 May 2025. The aggregate represents 1.25% of the company’s issued shares at the time of the mandate and utilises 12.53% of the 231.40 million shares authorised for repurchase.

Under Hong Kong listing regulations, China Res Gas is subject to a moratorium on issuing new shares or transferring any treasury shares until 27 June 2026.

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