Xinyi Energy Executes HKD2.17 Million Share Buyback, Accounting for 0.03% of Outstanding Shares

Bulletin Express
1 hour ago

Xinyi Energy Holdings Limited reported a repurchase of 2.75 million ordinary shares on 10 September 2026 via on-exchange transactions. The shares were bought back at prices ranging from HKD 0.785 to HKD 0.79, resulting in a volume-weighted average cost of HKD 0.79 per share and an aggregate consideration of HKD 2.17 million.

Post-transaction, the company’s issued share capital remains at 8.52 billion shares, as the repurchased shares are slated for cancellation but had not yet been extinguished as of the disclosure date. The buyback represents 0.0323% of the total issued shares prior to the transaction.

The repurchase falls within the mandate approved by shareholders on 29 May 2026, which authorises Xinyi Energy to buy back up to 851.97 million shares. Including the latest transaction, 2.75 million shares—or 0.03% of the mandate limit—have been utilised. Under Hong Kong listing rules, the company is subject to a 30-day moratorium on issuing new shares until 10 October 2026.

The filing confirms that all regulatory requirements and internal authorisations related to the transaction have been met. No treasury shares were held after the repurchase.

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