---
title: "Kunlun Energy Company Limited commences an Equity Buyback Plan for 865,880,170 shares, representing 10% of its issued share capital, under the authorization approved on May 29, 2025."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280501830.md"
description: "Kunlun Energy Company Limited has initiated an equity buyback plan for 865,880,170 shares, which is 10% of its issued share capital, following shareholder approval on May 29, 2025. The buybacks, starting March 25, 2026, aim to enhance the net asset value and earnings per share. The repurchases will comply with Bermuda laws and will be funded from legally available resources. The authority for this buyback will expire at the next Annual General Meeting or if varied or revoked in a General Meeting."
datetime: "2026-03-25T15:51:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280501830.md)
  - [en](https://longbridge.com/en/news/280501830.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280501830.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280501830.md) | [繁體中文](https://longbridge.com/zh-HK/news/280501830.md)


# Kunlun Energy Company Limited commences an Equity Buyback Plan for 865,880,170 shares, representing 10% of its issued share capital, under the authorization approved on May 29, 2025.

Kunlun Energy Company Limited (SEHK:135) commences share repurchases on March 25, 2026, under the program mandated by the shareholders in the Annual General Meeting held on May 29, 2025. As per the mandate, the company is authorized to repurchase up to 865,880,170 shares, representing 10% of its issued share capital. The repurchases will lead to an enhancement of the net asset value per share and/or earnings per share for the company.

The repurchases will be made out of the funds legally available for such purpose in accordance with its memorandum of association and Bye-laws and the applicable laws and regulations of Bermuda. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 29, 2025, the company had 8,658,801,708 shares in issue.

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