Kunlun Energy executes HK$6.72 million on-market buyback, retires 0.01% of share capital

Bulletin Express
03/25

Kunlun Energy Company Limited reported that on 25 March 2026 it repurchased 882,000 ordinary shares on the Hong Kong Stock Exchange, equivalent to 0.0102% of its issued share capital prior to the transaction.

The shares were bought at prices ranging from HK$7.43 to HK$7.79, with a volume-weighted average cost of HK$7.6135, bringing the total consideration to HK$6.72 million.

Post-transaction, the company’s issued share count remains at 8.66 billion shares, as the repurchased stock—earmarked for cancellation—had not yet been retired by the close of 25 March 2026.

The purchase was made under the share-repurchase mandate approved on 29 May 2025, which authorises Kunlun Energy to buy back up to 865.88 million shares. The latest transaction represents the first 0.0102% utilisation of that mandate.

Under Main Board Rule 10.06(3)(a), Kunlun Energy is restricted from issuing new shares or transferring any treasury shares until 24 April 2026.

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