China Resources Gas Group Limited (China Res Gas) reported a fresh on-market share repurchase on 8 April 2026, buying back 1.09 million ordinary shares at prices between HKD 19.25 and HKD 19.50 per share, for a total consideration of HKD 21.24 million. All shares are earmarked for cancellation.
The transaction lifts total buybacks executed under the mandate granted on 28 May 2025 to 13.16 million shares, equivalent to 0.57 % of the company’s issued share capital on the mandate date. The mandate permits repurchases of up to 231.40 million shares.
Despite the additional purchases, the outstanding share count remains unchanged at 2.31 billion shares because the repurchased shares have not yet been cancelled. Under Hong Kong listing rules, China Res Gas is subject to a 30-day moratorium on issuing new shares until 8 May 2026.
Since the initiation of the programme, repurchase prices have ranged from HKD 18.87 to HKD 21.97 per share.
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