Kunlun Energy Company Limited reported in its 30 June 2026 Next Day Disclosure Return that it repurchased 1.50 million ordinary shares on-market the same day.
Key details of the 30 June transaction: • Volume: 1.496 million shares • Price range: HKD 6.38–6.53 per share • Aggregate consideration: HKD 9.62 million • Shares to be cancelled: 1.496 million
Repurchase progress in June: • Between 16–30 June 2026, Kunlun Energy executed six buyback tranches totalling 7.94 million shares, all pending cancellation. • The volume-weighted average prices for these tranches ranged from HKD 6.43 to HKD 6.85 per share, implying an estimated cash outlay of around HKD 52 million for the month.
Capital structure impact: • Issued shares stood unchanged at 8.64 billion as of 30 June 2026, with repurchased shares yet to be cancelled. • Cumulative repurchases under the shareholder mandate granted on 28 May 2026 have reached 14.23 million shares, equivalent to 0.16 % of the company’s issued share capital at mandate date. • The current authorisation permits buybacks of up to 865.88 million shares, leaving more than 98 % of the mandate unused.
Looking ahead: • In line with Hong Kong listing rules, Kunlun Energy is restricted from issuing new shares or selling treasury shares until 30 July 2026, 30 days after the latest repurchase.
The company confirmed that all repurchases complied with the Hong Kong Stock Exchange’s Main Board Rules and that no material changes have been made to the explanatory statement issued on 30 April 2026.