Metallurgical Corporation of China Ltd. (MCC) disclosed its latest share buyback activity through a Next Day Disclosure Return filed on 21 May 2026.
Key points
1. 21 May 2026 transactions • H-shares: 3.25 million repurchased on the Hong Kong Stock Exchange at HKD 1.50–1.55, spending HKD 4.94 million (average HKD 1.52). • A-shares: 7.10 million repurchased on the Shanghai Stock Exchange at RMB 2.81–2.82, costing RMB 20.00 million (average RMB 2.82).
2. Cumulative repurchases pending cancellation • H-shares: 25.89 million bought since 26 January 2026, equivalent to 0.90 % of the 2.87 billion H-shares outstanding. • A-shares: 64.39 million acquired since 26 January 2026, representing roughly 0.36 % of the 17.85 billion A-shares outstanding.
3. Capital structure unchanged pending cancellation • Issued share counts remain at 2.87 billion H-shares and 17.85 billion A-shares as of 21 May 2026; all repurchased shares are awaiting cancellation.
4. Repurchase mandate utilisation • For H-shares, 25.89 million shares have been bought under the current mandate authorised on 16 January 2026, equal to 9.02 % of the 287.10 million shares available for buyback.
5. Moratorium period • Following the 21 May 2026 H-share repurchase, MCC cannot issue new shares or transfer treasury shares until 20 June 2026 under Hong Kong listing rules.
The company confirmed all repurchases complied with relevant regulations on both exchanges.
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