Pagoda GP Buys Back 1.00 Million H-Shares, Treasury Stock Rises to 21.38 Million

Bulletin Express
Sep 03

Shenzhen Pagoda Industrial (Group) Corporation Limited (Pagoda GP) disclosed a further share repurchase on 3 September 2026, acquiring 1.00 million H-shares on the Hong Kong Stock Exchange.

The buy-back was executed within a price range of HKD 1.33 to HKD 1.375 per share, at a volume-weighted average cost of roughly HKD 1.36 per share, for a total consideration of HKD 1.36 million. The transaction represents 0.05 % of Pagoda GP’s previously issued shares (excluding treasury shares).

Post-transaction, the company’s outstanding share count (excluding treasury shares) declined to 1.98 billion, while treasury shares increased to 21.38 million. Treasury shares now account for approximately 1.07 % of the company’s total issued share capital of 2.00 billion shares.

The repurchase was conducted under the mandate approved on 5 June 2026, which authorises Pagoda GP to buy back up to 198.35 million shares. Cumulative repurchases under this mandate have reached 4.12 million shares, equating to 0.21 % of the share base at the mandate date, leaving significant headroom for further buy-backs.

In accordance with Hong Kong Stock Exchange rules, the company is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, effective until 3 October 2026.

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