Zhongyu Energy Buys Back 1.00 Million Shares; Treasury Stock Climbs to 38.10 Million

Bulletin Express06-03

On 3 June 2026, Zhongyu Energy Holdings Limited executed an on-market share repurchase of 1.00 million ordinary shares at a volume-weighted average price of HKD 2.87. The transaction, conducted within the Hong Kong Stock Exchange’s trading system, involved a price range of HKD 2.84 to HKD 2.88 and an aggregate outlay of HKD 2.87 million.

Following the buyback:

• Issued shares (excluding treasury shares) decreased marginally to 2.710 billion, a 0.0369% reduction from the 2.711 billion shares outstanding on 2 June 2026. • Treasury shares rose from 37.10 million to 38.10 million. • Total issued shares, including treasury stock, remained unchanged at 2.748 billion.

The repurchase was made under a mandate approved on 2 June 2025, which authorises the company to buy back up to 277.18 million shares. Cumulative repurchases under this mandate now stand at 38.10 million shares, representing 1.37% of the company’s issued share capital on the mandate approval date.

In line with Hong Kong listing regulations, Zhongyu Energy is subject to a moratorium on issuing new shares or disposing of treasury shares until 3 July 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment