China Resources Gas Adds 1.16 Million-Share Buyback on 17 April; Cumulative Repurchases Reach 17.88 Million Shares

Bulletin Express
04/17

China Resources Gas Group Limited disclosed in a Next Day Disclosure Return (17 April 2026) that it repurchased 1.16 million ordinary shares on the Hong Kong Stock Exchange on the same date, paying an aggregate HKD 21.74 million. The shares were bought at prices ranging between HKD 18.62 and HKD 18.80, implying an average cost of approximately HKD 18.79 per share.

Including this latest transaction, China Resources Gas has acquired 17.88 million shares since the current buyback mandate was approved on 28 May 2025. The cumulative volume represents 0.77% of the company’s issued share capital at the time the mandate was granted.

All repurchased shares—totaling 17.88 million—are earmarked for cancellation and therefore remain in the “repurchased but not yet cancelled” category. As at 17 April 2026, the company’s issued share count remains unchanged at 2.31 billion shares, reflecting the fact that cancellations have not yet been processed.

The existing mandate authorises China Resources Gas to repurchase up to 231.40 million shares, meaning that 92% of the authorised limit is still available. Following the latest transaction, the company is restricted from issuing new shares or transferring any treasury shares until 17 May 2026, in accordance with Hong Kong Stock Exchange rules.

The company confirmed that all repurchases were executed in compliance with the Exchange’s regulations and that no treasury shares are held on its balance sheet.

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