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Ranhill Utilities Seeks Renewal of Share Buyback Mandate for Up to 10% of Shares
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Ranhill Utilities Seeks Renewal of Share Buyback Mandate for Up to 10% of Shares
  • Ranhill Utilities will seek renewed authority to repurchase up to 10% of issued shares at its December 2, 2026, AGM.
  • The buyback mandate would allow purchases of 128,841,894 additional shares, accounting for existing treasury shares.
  • Shareholders will also vote on renewing a mandate covering estimated related-party transactions of RM 900 million involving YTL Corporation joint ventures.
  • The board recommends both proposals; Yeoh Keong Yuan and Yeoh Keong Yeen abstained from the related-party mandate recommendation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ranhill Utilities Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719857) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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