Zhongyu Energy Repurchases 0.50 Million Shares; Treasury Holdings Rise to 42.70 Million

Bulletin Express
Jun 18

Zhongyu Energy Holdings Limited (Zhongyu Energy) disclosed that it bought back 500,000 ordinary shares on the Hong Kong Stock Exchange on 18 June 2026. The shares were repurchased at prices ranging from HKD 2.62 to HKD 2.65, with a volume-weighted average cost of HKD 2.64, for a total consideration of HKD 1.32 million.

Following the transaction, the company’s outstanding issued shares (excluding treasury shares) decreased marginally by 0.0185 % to 2.71 billion, while treasury shares increased to 42.70 million. Total issued shares remained unchanged at 2.75 billion.

The buy-back was executed under the repurchase mandate approved on 2 June 2025, which authorises the company to repurchase up to 277.18 million shares. Cumulative repurchases under this mandate now stand at 42.70 million shares, equivalent to 1.54 % of the issued share base on the mandate date, leaving a balance of 234.48 million shares available for further repurchase.

In line with Hong Kong listing rules, Zhongyu Energy is subject to a moratorium on issuing new shares or selling treasury shares until 18 July 2026. The board has confirmed that the transaction complied with all applicable listing rules and regulatory requirements.

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