Xinyi Energy trims free float with HK$31.05 million share buyback; 0.46% of share capital repurchased

Bulletin Express09-22 18:42

Xinyi Energy Holdings Limited disclosed that it repurchased a total of 39.50 million ordinary shares between 10 and 22 September 2026, spending approximately HK$31.05 million at a volume-weighted average price of HK$0.79 per share. The buyback represents 0.46% of the company’s 8.52 billion issued shares as of 31 August 2026.

The latest tranche, executed on 22 September, involved 3.00 million shares at HK$0.80, for an outlay of HK$2.40 million. All repurchased shares are designated for cancellation; however, they were still counted in the 8.52 billion share total at the close of 22 September pending formal cancellation.

Repurchase prices over the nine-day period ranged from HK$0.7744 to HK$0.80, with daily volumes detailed as follows: 2.75 million shares (10 Sept), 4.05 million (11 Sept), 10.00 million (14 Sept), 5.00 million each on 15, 16 and 17 Sept, 4.70 million (18 Sept) and 3.00 million (22 Sept).

The programme is being executed under the general mandate granted on 29 May 2026, which authorises the company to repurchase up to 851.97 million shares. Following the latest transactions, 812.47 million shares—95.4% of the mandate—remain available.

In accordance with Hong Kong Listing Rules, Xinyi Energy is restricted from issuing new shares or transferring treasury shares until 22 October 2026, 30 days after the most recent buyback.

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