GCL Tech Repurchases 80 Million Shares for HK$53.74 Million, Boosting Treasury Stock to 457.61 Million

Bulletin Express
06/24

GCL Technology Holdings Limited disclosed on 24 June 2026 that it acquired 80 million ordinary shares on the Hong Kong Stock Exchange, paying an average HK$ 0.67–0.68 per share and a total of HK$ 53.74 million. The volume-weighted average purchase price was approximately HK$ 0.67175 per share.

Following the transaction, GCL Tech’s issued share capital (excluding treasury shares) fell 0.24 % to 32.76 billion shares, while the company’s treasury share balance increased to 457.61 million. The total issued share count, including treasury shares, remains unchanged at 33.22 billion.

The repurchase was executed under the mandate approved by shareholders on 29 May 2026, which authorises the company to buy back up to 3.32 billion shares. Cumulative repurchases since the mandate now stand at 457.61 million shares, representing 1.38 % of the total issued shares as at the mandate date.

All regulatory confirmations required by the Hong Kong Stock Exchange’s Main Board Rules have been provided, and a 30-day moratorium on new share issues or sales of treasury shares is in place until 24 July 2026.

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