China AlumCan repurchases 2.20 million shares; free-float trimmed to 931.85 million

Bulletin Express07-08 20:46

China Aluminum Cans Holdings Limited (China AlumCan) disclosed that it bought back 2.20 million ordinary shares on 8 July 2026 through on-market transactions at prices between HKD 0.85 and HKD 0.87, for a total consideration of HKD 1.90 million. The volume-weighted average price stood at HKD 0.86 per share.

Following the repurchase, issued shares outstanding (excluding treasury stock) declined from 934.05 million to 931.85 million, a 0.24% reduction. Treasury shares rose from 10.00 million to 12.20 million, leaving the company’s total issued share capital unchanged at 944.05 million.

The transactions were executed under the buy-back mandate approved on 22 May 2026, which authorises the repurchase of up to 94.40 million shares. Cumulative repurchases since the mandate now total 12.20 million shares, representing 1.29% of the share base at the mandate date. Under Hong Kong Listing Rules, China AlumCan is subject to a 30-day moratorium on new share issues or treasury-share sales until 8 August 2026.

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