Kunlun Energy Company Limited disclosed the latest progress of its 2026 share-repurchase programme in a Next Day Disclosure Return filed to the Hong Kong Stock Exchange on 2 July 2026.

Key takeaways

1. Latest transaction • On 2 July 2026 the company repurchased 1.49 million ordinary shares on-market. • Purchase price range: HK$6.43–HK$6.62 per share, with total consideration of HK$9.66 million.

2. Cumulative buybacks under current mandate • Since the repurchase mandate was approved on 28 May 2026, Kunlun Energy has bought back 15.72 million shares, equal to 0.18 % of the 8.64 billion shares in issue on the mandate date. • The mandate allows up to 865.88 million shares to be repurchased; 1.82 % of the authorised limit has been utilised.

3. Shares pending cancellation Between 16 June and 2 July 2026, 9.43 million shares have been repurchased for cancellation but remained outstanding as of the reporting date. These shares currently leave the issued share count unchanged at 8.64 billion; cancellation will reduce the total once processed.

4. Moratorium on new issuance Following the 2 July transaction, Kunlun Energy is restricted from issuing new shares or transferring any treasury shares until 2 August 2026, in line with Hong Kong listing rules.

The company affirmed that all repurchases complied with the Main Board Listing Rules and that no material changes have been made to the explanatory statement dated 30 April 2026.