China Railway Repurchases 9.77 Million A-Shares; Pending Cancellations Climb to 0.49 % of Capital

Bulletin Express05-13 17:23

China Railway Group Limited disclosed that on 13 May 2026 it bought back 9.77 million A-shares on the Shanghai Stock Exchange for cancellation. The shares were repurchased at prices between RMB 5.10 and RMB 5.14, translating to an average cost of roughly RMB 5.12 per share. The outlay totalled RMB 50.00 million and represents 0.048 % of the company’s 20.48 billion issued shares.

Including this latest transaction, China Railway now holds 99.71 million repurchased A-shares awaiting cancellation, equal to approximately 0.49 % of its issued share capital. These shares were accumulated over 12 separate trading sessions between 21 October 2025 and 13 May 2026 at average prices ranging from RMB 5.08 to RMB 5.73.

The share count on the company’s register remains unchanged at 20.48 billion shares pending formal cancellation of the repurchased stock. All repurchase activities were executed under board authorisation and in compliance with Hong Kong Stock Exchange Main Board Rule 10.06 and corresponding Shanghai Stock Exchange regulations.

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