CGN New Energy Holdings Co., Ltd. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 14 October 2026, confirming a fresh on-market repurchase of 704,000 ordinary shares on the same day. The shares were bought at prices ranging from HK$2.115 to HK$2.155, for a total consideration of HK$1.50 million.
Since the current share-repurchase mandate was approved on 28 May 2026, the company has acquired 17.08 million shares between 1 September and 14 October 2026. The cumulative outlay for these transactions is estimated at about HK$35.67 million, implying a volume-weighted average repurchase cost of roughly HK$2.09 per share.
The 17.08 million shares bought to date represent approximately 0.40 % of CGN New Energy’s 4.29 billion issued shares at the time the mandate was granted. The authorised limit under the mandate stands at 428.99 million shares, leaving more than 95 % of the capacity unutilised.
As at the close of 14 October 2026, the company’s issued share capital remains unchanged at 4.29 billion shares, with no treasury shares outstanding. All repurchased shares are intended for cancellation.
Under Hong Kong listing rules, CGN New Energy is restricted from issuing new shares or selling treasury shares until 14 November 2026, 30 days after the latest repurchase. The board has confirmed that all buybacks were executed in compliance with the Exchange’s Main Board Rules and relevant regulations.
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