MCC extends buyback programme with HKD 5.00 million H-share and RMB 20.08 million A-share repurchases on 26 May 2026

Bulletin Express05-26

Metallurgical Corporation of China Ltd. (MCC) disclosed further progress of its share repurchase plan in a Next Day Disclosure Return dated 26 May 2026.

H-share repurchase on HKEX • Date: 26 May 2026 • Volume: 3.29 million shares • Price range: HKD 1.49–1.54 per share • Consideration: HKD 5.00 million • Volume-weighted average price: HKD 1.52

Since the mandate was granted on 16 January 2026, MCC has bought back 29.18 million H-shares, equivalent to 1.02 % of the H-shares in issue at the mandate date. The existing authorisation permits repurchases of up to 287.10 million shares. A moratorium on new share issues or treasury share disposals remains in force until 25 June 2026. The total H-shares in issue stood unchanged at 2.87 billion as at 26 May 2026; all repurchased shares are awaiting cancellation.

A-share repurchase on SSE • Date: 26 May 2026 • Volume: 7.10 million shares • Price range: RMB 2.81–2.84 per share • Consideration: RMB 20.08 million • Volume-weighted average price: RMB 2.83

Including this latest tranche, MCC has repurchased 78.57 million A-shares since 26 January 2026, representing approximately 0.44 % of the 17.85 billion A-shares outstanding. No changes to the total issued A-shares were recorded as of 26 May 2026; repurchased shares are pending cancellation.

Both repurchase activities were executed on-exchange and carried out under board-approved mandates in compliance with all applicable listing rules and regulatory requirements.

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