China Railway updates share buyback: 135.73 million A-shares repurchased, RMB710.01 million spent

Bulletin Express06-01

China Railway Group Limited disclosed the latest progress of its ongoing A-share repurchase, originally approved at the 2024 Annual General Meeting and effective from 20 June 2025 to 19 June 2026.

The company has bought back 135.73 million A-shares via centralized bidding on the Shanghai Stock Exchange through 31 May 2026. The repurchased shares represent 0.5498% of total share capital. Transaction prices ranged from RMB4.87 to RMB5.75 per share, with an aggregate outlay of RMB710.01 million, exclusive of fees.

The buyback plan authorizes spending between RMB800.00 million and RMB1.60 billion, capped at RMB8.50 per share, and stipulates that all repurchased shares will be cancelled to reduce registered capital. Funding is sourced from internal resources and dedicated buyback loans.

China Railway stated that repurchase operations comply with relevant regulations and will continue within the approved timeframe. The company will release further updates as required under Shanghai Stock Exchange guidelines.

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