Pagoda GP Buys Back 1.11 Million H-Shares; Treasury Stock Rises to 28.18 Million

Bulletin Express
Sep 14

Shenzhen Pagoda Industrial (Group) Corporation Limited (Pagoda GP) disclosed a share repurchase on 14 September 2026 under its existing buy-back mandate approved on 5 June 2026.

• Transaction details – Volume repurchased: 1.11 million H-shares – Repurchase method: On-market at the Stock Exchange of Hong Kong – Price range: HKD 1.395 – HKD 1.435 per share; volume-weighted average price: HKD 1.41 – Total consideration: HKD 1.56 million

• Impact on share capital structure (14 September 2026 close) – Issued shares outstanding (ex-treasury) decreased from 1.97 billion to 1.97 billion, reflecting a 0.0562% reduction. – Treasury shares rose from 27.07 million to 28.18 million. – Total issued shares, including treasury, remained unchanged at 2.00 billion.

• Repurchase mandate utilisation – Authorised capacity: 198.35 million shares. – Cumulative shares bought back under the mandate, including the latest tranche: 10.92 million, representing 0.55% of the issued share base on the mandate date. – All repurchased shares to date are retained as treasury stock; none have been cancelled.

• Post-transaction restrictions In line with Main Board Rule 10.06(3)(a), Pagoda GP is restricted from issuing new shares or disposing of treasury shares on the Exchange until 14 October 2026.

The company affirmed that the repurchase complied with Hong Kong Stock Exchange regulations and that there have been no material changes to the explanatory statement filed in May 2026.

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