Geo Energy Resources Limited has undertaken a further share buyback, acquiring 200,000 ordinary shares through market acquisitions on 9 October 2026 at S$0.54 per share.

The shares were acquired for a total consideration of S$108,258.99, including stamp duties, clearing charges and other transaction costs, and will be held as treasury shares.

Following the latest transaction, Geo Energy has cumulatively repurchased 13,837,500 shares under its current share buyback mandate, representing approximately 0.777% of the Company's issued shares (excluding treasury shares) as at the date of the share buyback resolution.

The latest purchase brings the Company's total treasury shares to 12,673,867 shares, while the number of issued shares excluding treasury shares stood at 1,768,899,726 shares following the transaction.

The transaction follows the Company's purchase of 300,000 shares on 8 October 2026, bringing total repurchases over the two trading days to 500,000 shares. These transactions form part of Geo Energy's ongoing share buyback activities under its mandate commencing on 29 April 2026, as part of its broader capital management initiatives.

See link for full media release: https://geoenergy.listedcompany.com/news.html/id/2629761