PAGODA GP Buys Back 1.33 Million H Shares, Elevating Treasury Stock to 43.83 Million

Bulletin Express
Oct 12

Shenzhen Pagoda Industrial (Group) Corporation Limited (PAGODA GP) reported a repurchase of 1.33 million H shares on 12 October 2026, executed on the Hong Kong Stock Exchange under its existing buyback mandate.

The shares were acquired at prices ranging from HKD 1.605 to HKD 1.66 per share, with a volume-weighted average cost of HKD 1.643. Total consideration amounted to HKD 2.19 million.

Following the transaction, issued shares outstanding (excluding treasury shares) declined by 0.07 % to 1.96 billion, while the company’s treasury share balance grew to 43.83 million. The aggregate issued share count (including treasury shares) remained unchanged at 2.00 billion.

The buyback was conducted under the authority granted by shareholders on 5 June 2026, which permits PAGODA GP to repurchase up to 198.35 million shares. Cumulative repurchases under this mandate now stand at 26.57 million shares, representing 1.34 % of the issued share base at the mandate date. The company is subject to a moratorium on issuing new shares or selling treasury shares until 11 November 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10