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.
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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.
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