Pagoda GP Buys Back 2.50 Million H-Shares; Treasury Stock Rises to 8.68 Million

Bulletin Express
Apr 08

Shenzhen Pagoda Industrial (Group) Corporation Limited (Pagoda GP) disclosed a repurchase of 2.50 million H-shares on 8 April 2026, executed on the Hong Kong Stock Exchange at prices ranging from HKD 1.80 to HKD 1.91 per share. The volume-weighted average consideration was HKD 1.8758 per share, resulting in a total outlay of HKD 4.69 million.

Following the transaction, issued shares (excluding treasury shares) decreased to 1.99 billion, representing a 0.13% contraction from the previous balance of 1.99 billion. Treasury shares increased from 6.18 million to 8.68 million, while the company’s total share count remained unchanged at 2.00 billion.

The buy-back was conducted under the general mandate granted on 5 June 2025, which authorises Pagoda GP to repurchase up to 145.39 million shares. To date, the company has repurchased 8.68 million shares, equivalent to 0.60% of the issued share capital when the mandate was approved.

In accordance with Hong Kong listing rules, Pagoda GP is subject to a moratorium on new share issues or sales of treasury shares until 8 May 2026. The company confirmed that all repurchase activities complied with the Main Board Listing Rules, and no repurchased shares have been cancelled as of the disclosure date.

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