CGN New Energy Holdings Co., Ltd. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 21 September 2026, detailing the progress of its ongoing on-market share-repurchase programme.
Key Takeaways • Share capital unchanged: Issued share capital (excluding treasury shares) remained at 4.29 billion as of 21 September 2026, identical to the opening balance on 18 September 2026. • September repurchases: From 1 to 21 September, the company bought back 7.32 million shares for cancellation—equivalent to 0.17 % of the outstanding share count. None of the repurchased shares have yet been cancelled. • Cash outlay and pricing: Based on the daily volume-weighted prices disclosed, the aggregate consideration totalled approximately HKD 15.58 million, implying an average purchase price of about HKD 2.13 per share. • Latest transaction: On 21 September 2026, the company repurchased 0.86 million shares on the Exchange at prices between HKD 2.085 and HKD 2.11, costing HKD 1.80 million. • Mandate utilisation: The current buybacks represent 7.32 million shares, or roughly 1.71 % of the 428.99 million shares authorised under the repurchase mandate approved on 28 May 2026. • Issuance blackout: In accordance with HKEX rules, CGN New Energy is barred from issuing new shares or selling any treasury shares until 21 October 2026, 30 days after the most recent repurchase.
Context CGN New Energy’s repurchase activity reflects its ongoing capital-management strategy, with all transactions executed on the Hong Kong Stock Exchange and in full compliance with Main Board Rules. The company confirmed that all requisite authorisations, regulatory filings and settlement procedures have been duly completed.