Zhongyu Energy Buys Back 1.00 Million Shares, Treasury Stock Climbs to 14.50 Million

Bulletin Express
Apr 28

Zhongyu Energy Holdings Limited reported a share repurchase of 1.00 million ordinary shares on 28 April 2026, executed on the Hong Kong Stock Exchange at prices between HKD 2.73 and HKD 2.74, with a volume-weighted average of HKD 2.74 per share. The transaction cost totalled approximately HKD 2.74 million.

Following the buyback, Zhongyu Energy’s issued share capital (excluding treasury shares) fell by 0.04% to 2.73 billion shares, while the company’s treasury stock position rose to 14.50 million shares. Total issued shares, inclusive of treasury shares, remain unchanged at 2.75 billion.

The repurchase forms part of the mandate approved on 2 June 2025, which authorises the company to buy back up to 277.18 million shares. Cumulative purchases under this mandate now stand at 14.50 million shares, representing 0.52% of the issued shares outstanding on the mandate-approval date.

In accordance with Hong Kong Stock Exchange rules, Zhongyu Energy is now subject to a moratorium on new share issues or sales of treasury shares until 27 May 2026. The board confirmed that the repurchase complied with all applicable listing rules and regulatory requirements.

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