China Resources Gas Group Limited (China Res Gas) filed a Next Day Disclosure Return on 06 May 2026, confirming the on-market repurchase of 408,300 ordinary shares for cancellation. The shares were bought at prices ranging from HK$18.57 to HK$18.80, for a total consideration of HK$7.67 million.
Including this latest transaction, China Res Gas has bought back 20.28 million shares since the current mandate was approved on 28 May 2025. The cumulative volume represents 0.88% of the company’s issued share capital on the mandate date. Based on the mandate limit of 231.40 million shares, the company still has authority to repurchase up to about 211.12 million additional shares.
All repurchased shares are held for cancellation and, as at 06 May 2026, the company’s issued share capital stands unchanged at 2,314,012,871 shares pending the cancellation process.
Using the volume-weighted average prices disclosed for each repurchase, the aggregate cash outlay since 28 May 2025 amounts to approximately HK$393.65 million, implying an average buyback price of about HK$19.42 per share.
Under Hong Kong Stock Exchange rules, China Res Gas is subject to a moratorium on issuing new shares or disposing of any treasury shares until 05 June 2026.
Company secretary Au Kai Yin submitted the disclosure on behalf of China Res Gas.
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