Country Garden Services Holdings Company Limited (CG Services) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 13 July 2026, confirming continued execution of its on-market share-repurchase programme authorised by shareholders on 29 May 2026.
Key takeaways 1. Latest transaction: On 13 July 2026 the company bought back 209,000 ordinary shares on the Exchange at prices between HK$5.23 and HK$5.32, for a total consideration of HK$1.10 million. All shares are intended for cancellation.
2. Cumulative repurchases: From 4 June to 13 July 2026 the company has repurchased 13.01 million shares, representing 0.40% of the 3.26 billion shares in issue when the mandate was granted. The aggregate volume remains well within the 325.83 million-share limit authorised by shareholders.
3. Share capital position: • Issued shares (excluding treasury shares) at 10 July 2026: 3,258.33 million • Issued shares (excluding treasury shares) at 13 July 2026: unchanged at 3,258.33 million, as the repurchased shares have not yet been cancelled. • Upon cancellation of all 13.01 million shares bought back to date, the share count would fall to about 3,245.33 million, a reduction of roughly 0.40%.
4. Pricing trends: Repurchase prices during the programme ranged from HK$4.85 to HK$5.93 per share, indicating purchases have targeted market weakness. The latest transaction’s volume-weighted average price was approximately HK$5.28.
5. Capital management timeline: Under Hong Kong listing rules, CG Services is subject to a moratorium on new share issues or treasury-share disposals until 12 August 2026 (30 days after the most recent buyback).
The company states that all repurchases complied with Main Board Rule 10.06 and that no material changes have been made to the explanatory statement issued on 27 April 2026.
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