Zhongyu Energy repurchases 1.00 million shares, treasury stock rises to 12.50 million

Bulletin Express04-24 18:05

On 24 April 2026, Zhongyu Energy Holdings Limited executed an on-market buyback of 1.00 million ordinary shares at prices between HKD 2.73 and HKD 2.75, spending a total of HKD 2.74 million.

Following the transaction, the company’s issued share count (excluding treasury shares) fell by 0.04 % to 2.74 billion shares, while treasury shares increased to 12.50 million. Total issued shares, including treasury shares, remained unchanged at 2.75 billion.

The buyback was conducted under the repurchase mandate approved on 2 June 2025, which authorises the company to repurchase up to 277.18 million shares. To date, 12.50 million shares (0.45 % of the issued share base on the mandate date) have been repurchased under this authorisation. In accordance with Hong Kong listing rules, Zhongyu Energy is subject to a moratorium on new share issues or treasury share disposals until 23 May 2026.

The board confirmed that the repurchase complied with all applicable listing rules and regulatory requirements.

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