CHINA RES GAS spends HK$12.74 million to repurchase 672,400 shares; cumulative buybacks reach 12.05 million shares under 2025 mandate

Bulletin Express
04/01

China Resources Gas Group Limited (CHINA RES GAS) disclosed that on 1 April 2026 it repurchased 672,400 ordinary shares on the Hong Kong Stock Exchange at prices between HK$18.81 and HK$19.10 per share, for a total consideration of HK$12.74 million.

The latest transaction leaves the company’s issued share capital unchanged at 2,314.01 million shares, as all repurchased stock—now totalling 12.05 million shares—awaits formal cancellation. The aggregate repurchased amount represents 0.52 % of the shares outstanding on 28 May 2025, the date on which shareholders granted the existing buy-back mandate.

The mandate authorises the company to repurchase up to 231.40 million shares, indicating that 219.35 million shares, or about 9.48 % of the current issued share base, remain available for potential future buybacks.

Since May 2025, CHINA RES GAS has executed ten on-market repurchases at volume-weighted average prices ranging from HK$18.87 to HK$21.97 per share. In accordance with Hong Kong listing regulations, the company is restricted from issuing new shares or transferring any treasury shares until 1 May 2026, 30 days after the most recent repurchase.

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