Kunlun Energy Discloses HKD 6.30 Million Share Buyback; Cumulative Repurchases Reach 10.27 Million Shares

Bulletin Express05-04

Kunlun Energy Company Limited announced a Next Day Disclosure Return dated 4 May 2026, confirming further use of its existing share repurchase mandate.

Key Points • Latest buyback: 836,000 ordinary shares repurchased on 4 May 2026 via the Hong Kong Stock Exchange at prices ranging from HKD 7.50 to HKD 7.55, for a total consideration of HKD 6.30 million. • Cumulative FY26 activity: From 25 March to 4 May 2026, the company has bought back 10.27 million shares yet to be cancelled, representing 0.12 % of the share base approved under the 29 May 2025 mandate. • Repurchase headroom: The mandate authorises up to 865.88 million shares; 1.19 % of this capacity has been utilised to date. • Share capital position: Issued shares remain at 8.66 billion; no treasury shares are held. • Post-buyback restrictions: In line with Listing Rules, Kunlun Energy is subject to a 30-day moratorium on new share issues or treasury share sales until 4 June 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