China Railway Buyback Update: 9.58 Million A Shares Repurchased, Pending Cancellation Swells to 154.91 Million

Bulletin Express06-05 17:05

China Railway Group Limited (China Railway) reported a new tranche of share repurchases in its Next Day Disclosure Return dated 5 June 2026.

On 5 June 2026 the company bought back 9.58 million A shares on the Shanghai Stock Exchange at prices ranging from RMB 4.67 to RMB 4.72 per share, for a total consideration of RMB 45.00 million. All repurchased shares are designated for cancellation.

Including this latest transaction, China Railway has conducted 17 repurchase tranches between 21 October 2025 and 5 June 2026, accumulating 154.91 million A shares awaiting cancellation. The aggregate represents approximately 0.76 % of the current issued share capital of 20.48 billion shares.

The total number of issued shares remains unchanged at 20.48 billion because the repurchased shares have not yet been cancelled. The board confirmed that the buybacks were authorised and executed in compliance with applicable regulations on both the Hong Kong and Shanghai exchanges.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment