Xinyi Energy Holdings Limited disclosed a fresh tranche of share repurchases in its Next Day Disclosure Return filed to the Hong Kong Stock Exchange on 23 October 2026. The company’s issued share capital stood at 8.65 billion ordinary shares as of 22 October; no new shares were issued during the period.
Share buy-backs awaiting cancellation • Between 24 September and 23 October, Xinyi Energy repurchased 27.32 million shares for cancellation. • The purchases were executed on the Exchange at volume-weighted average prices ranging from HK$0.70 to HK$0.79 per share. • Aggregate consideration for the nine transactions totalled HK$20.48 million, implying an average buy-back price of HK$0.75 per share.
Latest daily transaction • On 23 October alone, the company bought back 7.26 million shares at prices between HK$0.705 and HK$0.730, spending HK$5.21 million.
Capital base implications • All repurchased shares remain outstanding as at 23 October; once cancelled, the issued share count would decline from 8.65 billion to roughly 8.63 billion, a reduction of about 0.32%.
Repurchase mandate utilisation • The current shareholder mandate approved on 29 May 2026 allows Xinyi Energy to repurchase up to 851.97 million shares. • Cumulative buy-backs since the mandate’s approval have reached 70.37 million shares, equivalent to 0.83% of the company’s share base at that time, leaving significant headroom for further purchases.
Issuance moratorium • In line with Hong Kong listing rules, Xinyi Energy is restricted from issuing new shares or transferring any treasury shares until 23 November 2026, 30 days after the latest repurchase.
Secretary Lam Chi Kwong confirmed that all repurchases adhered to the requirements of the Hong Kong Stock Exchange’s Main Board Rules and the company’s explanatory statement dated 30 April 2026.
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