Kunlun Energy reports latest repurchase, total buy-backs reach 14.79 million shares since March

Bulletin Express
May 26

Kunlun Energy Company Limited submitted a Next Day Disclosure Return on 26 May 2026 detailing recent activity under its shareholder–approved buy-back mandate.

• Share capital position As of both 30 April 2026 and the close of 26 May 2026, issued ordinary shares (excluding treasury shares) remained unchanged at 8.66 billion.

• Cumulative repurchases pending cancellation From 25 March to 26 May 2026, the company bought back 14.79 million shares for cancellation, equivalent to 0.17% of the shares outstanding on the date the mandate was granted (29 May 2025). The total authorised quota under that mandate is 865.88 million shares.

• Latest transaction details (26 May 2026) – Shares repurchased: 0.59 million – Price range: HK$7.26–HK$7.30 – Aggregate consideration: HK$4.32 million

• Moratorium on new issues Pursuant to Hong Kong Listing Rules, Kunlun Energy is restricted from issuing new shares or transferring treasury shares until 26 June 2026, 30 days after the most recent on-market repurchase.

The disclosed figures indicate an ongoing but modest utilisation of the current buy-back mandate, with all repurchased shares earmarked for cancellation and no immediate impact on the reported share count until formal cancellation is completed.

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