PAGODA GP Buys Back 0.30 Million H Shares for HKD 0.50 Million, Treasury Stock Climbs to 10.18 Million Shares

Bulletin Express
04/17

Shenzhen Pagoda Industrial (Group) Corporation Limited (PAGODA GP) disclosed a new share buyback conducted on 17 April 2026. The company repurchased 300,000 H shares on the Hong Kong Stock Exchange at prices between HKD 1.66 and HKD 1.70, equal to a volume-weighted average cost of HKD 1.6828 per share. The transaction amounted to HKD 0.50 million in aggregate.

Following the repurchase, PAGODA GP’s issued share capital (excluding treasury shares) fell by 0.0151% to 1.99 billion shares, while treasury stock rose to 10.18 million shares—about 0.51% of the company’s 2.00 billion total issued shares.

The buyback forms part of the mandate approved on 5 June 2025, which authorises the company to repurchase up to 145.39 million shares. Cumulative buybacks under this mandate now stand at 10.18 million shares, leaving 135.21 million shares—roughly 93% of the original limit—still available.

Under Hong Kong listing rules, PAGODA GP is subject to a moratorium on issuing new shares or disposing of treasury shares until 17 May 2026. The company confirmed that all repurchase activities complied with Main Board Rule 10.06 and related regulations.

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