CR Gas repurchases 1 million shares at HK$17.19 apiece; 35.04 million shares now pending cancellation

Bulletin Express
Yesterday

China Resources Gas Group Limited (CR Gas) disclosed that it bought back 1.00 million ordinary shares on 11 June 2026 via the Hong Kong Stock Exchange at prices between HK$17.11 and HK$17.25, for a volume-weighted average of HK$17.19 per share. The transaction cost HK$17.19 million.

Following the latest purchase, buybacks executed under the shareholder mandate granted on 28 May 2026 have reached 6.04 million shares—equivalent to 0.26 % of the 2.31 billion shares outstanding on the mandate date. The current authorisation still allows CR Gas to repurchase up to 231.40 million shares, leaving more than 97 % of the quota unused.

Including earlier transactions, a total of approximately 35.04 million shares—about 1.51 % of CR Gas’s issued share capital—have been repurchased but not yet cancelled. Based on the disclosed prices, the company has spent an estimated HK$661.40 million on these shares at an average cost of roughly HK$18.88 per share.

As of 11 June 2026, CR Gas’s issued share capital remains unchanged at 2.31 billion shares. In line with Hong Kong Exchange rules, the company is subject to a moratorium on issuing new shares until 11 July 2026.

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