Anhui Conch Cement Company Limited disclosed a share repurchase on 29 June 2026 under its existing mandate.
Key transaction details • Volume: 460,000 H-shares, representing 0.035% of the company’s issued shares (excluding treasury shares) prior to the transaction. • Price: HK$17.03–17.17 per share, with a volume-weighted average of HK$17.07. • Consideration: Approximately HK$7.85 million.
Post-transaction share capital • Issued shares (excluding treasury): reduced to 1.29747 billion. • Treasury shares: increased to 2.13 million. • Total issued shares (including treasury): unchanged at 1.29960 billion.
Repurchase mandate utilisation • Mandate size approved on 28 May 2026: up to 129.96 million shares. • Cumulative repurchases under the mandate: 2.13 million shares, equal to 0.16% of the company’s issued shares on the mandate date. • Moratorium: Conch Cement is restricted from issuing new shares or selling treasury shares until 29 July 2026, in line with Hong Kong Stock Exchange rules.
The company confirmed that the repurchases complied with Main Board Rule 10.06 and that no material changes have occurred to the explanatory statement issued on 23 April 2026.
Comments