CG SERVICES Adds 1.00 Million-Share Buy-back on 30 October; Cumulative 2026 Repurchases Reach 31.11 Million Shares

Bulletin Express10-30 17:42

Country Garden Services Holdings Company Limited (CG SERVICES) disclosed that it repurchased 1.00 million ordinary shares on 30 October 2026 through on-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 4.845 to HKD 4.985, for a total consideration of HKD 4.94 million and are designated for cancellation.

Key takeaways • Post-transaction, the company’s issued share capital remained at 3.33 billion shares, as cancellation has not yet occurred. • Since the current mandate was approved on 29 May 2026, CG SERVICES has repurchased 31.11 million shares, equivalent to 0.95% of the share count on the mandate date. • The outstanding buy-back authority allows for up to 325.83 million shares; 9.56% of this limit has been utilised to date. • A 30-day moratorium on new share issues or treasury share sales is in place until 29 November 2026, in accordance with HKEX rules.

Upon cancellation of all shares repurchased between 4 June and 30 October 2026, the company’s issued share base would fall by 31.11 million shares, or roughly 0.94%, enhancing earnings and dividend per share metrics on a pro-forma basis.

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