CG Services Buys Back 1.10 Million Shares for HK$5.65 Million; Cumulative June Repurchases Hit 6.48 Million Shares

Bulletin Express
06/23

Country Garden Services Holdings Company Limited (CG Services) disclosed that it repurchased 1.10 million ordinary shares on 23 June 2026 via on-market transactions on the Hong Kong Stock Exchange. Purchase prices ranged between HK$5.05 and HK$5.23 per share, with an aggregate consideration of HK$5.65 million. All shares bought on the day are intended for cancellation.

Following this transaction, the total shares repurchased but not yet cancelled during 4–23 June 2026 rose to 6.48 million, equivalent to 0.20% of the company’s issued share capital as at the 29 May 2026 authorising date. These buybacks were executed at prices between HK$5.13 and HK$5.93 per share.

Despite the repurchase activity, CG Services’ issued share capital remained unchanged at 3.26 billion shares as of 23 June 2026, with no treasury shares on record. The company is authorised to repurchase up to 325.83 million shares under its current mandate, leaving more than 98% of the mandate unutilised.

In line with Hong Kong listing rules, CG Services is subject to a moratorium on issuing new shares or disposing of treasury shares until 23 July 2026.

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