Metallurgical Corporation of China Ltd. (MCC) disclosed fresh details of its ongoing share-repurchase programme in a Next Day Disclosure Return filed on 28 July 2026.
Repurchase activity on 28 July 2026 • H-shares: 1.49 million shares were bought back on the Hong Kong Stock Exchange at HKD 1.51–1.53 per share, for a total consideration of HKD 2.27 million. • A-shares: 9.77 million shares were repurchased on the Shanghai Stock Exchange at RMB 2.65–2.67 per share, costing RMB 26.00 million.
Cumulative July H-share buy-backs From 2 July to 28 July 2026, MCC has repurchased 33.82 million H-shares for cancellation at prices ranging between HKD 1.38 and HKD 1.54. The volume equals 1.19 % of the company’s 2.84 billion issued H-shares as at the mandate date. Under the 29 June 2026 repurchase mandate, MCC is authorised to buy back up to 283.90 million H-shares; 11.9 % of that quota has been utilised. A 30-day moratorium on new share issues or treasury-share sales is in place until 27 August 2026.
Cumulative A-share buy-backs Between 26 January and 28 July 2026, MCC has accumulated 181.76 million A-shares for cancellation, representing approximately 1.02 % of its 17.85 billion issued A-shares. Purchase prices over the period ranged from RMB 2.48 to RMB 3.23.
Capital structure • Issued H-shares (post-transaction, pre-cancellation): 2.84 billion. • Issued A-shares (post-transaction, pre-cancellation): 17.85 billion. All repurchased shares remain uncancelled as of 28 July 2026; completion of cancellation will reduce MCC’s share count by the amounts noted above.
No new shares were issued during the period covered by the disclosure, and no treasury shares were sold. The company confirmed that all repurchases complied with Hong Kong Stock Exchange requirements and corresponding Shanghai Stock Exchange regulations.
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