CGN New Energy reports HK$12.40 million share buy-backs; outstanding share count unchanged at 4.29 billion

Bulletin Express
Sep 17

CGN New Energy Holdings Co., Ltd. disclosed its latest Next Day Disclosure Return to the Hong Kong Stock Exchange on 17 September 2026. Key takeaways follow:

1. Issued Share Capital • Outstanding shares remained at 4.29 billion ordinary shares as of 17 September 2026, unchanged from the previous day. • No treasury shares were held at either the opening or closing balance.

2. September Share Repurchase Programme • Between 1–17 September 2026 the company bought back 5.81 million shares for cancellation, equal to 0.135 % of the issued share base when the mandate was granted on 28 May 2026. • The cumulative consideration for these repurchases amounts to approximately HK$12.40 million, implying an average cost of about HK$2.13 per share. • The latest purchase, executed on 17 September 2026, involved 616,000 shares acquired on the Exchange at prices ranging from HK$2.08 to HK$2.125, for a total outlay of HK$1.29 million.

3. Repurchase Mandate Capacity • The existing shareholder mandate authorises CGN New Energy to repurchase up to 428.99 million shares (roughly 10 % of the issued share capital). • Following the 5.81 million shares already bought back, approximately 423.18 million shares remain available under the mandate.

4. Moratorium on New Issues • In line with Hong Kong listing rules, the company is restricted from issuing new shares or transferring treasury shares until 17 October 2026—30 days after the latest buy-back.

All repurchases were executed on the Hong Kong Stock Exchange and, according to the company, complied with Board authorisations, listing regulations and applicable laws.

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