Conch Cement Trims Share Count in July through Buy-backs and A-Share Cancellation

Bulletin Express08-04 18:06

For the month ended 31 July 2026, Anhui Conch Cement Company Limited (Conch Cement) reported a net reduction of 26.55 million issued shares as aggressive repurchase activity and an A-share cancellation program took effect.

Conch Cement’s authorised share capital remained unchanged at 5.28 billion shares (RMB 1 par value each), split between 1.30 billion H shares and 3.98 billion A shares.

H-share dynamics • Issued H shares outstanding fell by 7.24 million to 1.29 billion after market repurchases. • Treasury H shares rose by 7.24 million to 9.87 million, reflecting buy-backs executed on 13 trading days in July at HKD 16.57–18.31 per share. • The company confirmed continued compliance with Hong Kong’s minimum 5 % public-float requirement for PRC issuers.

A-share dynamics • Issued A shares dropped by 19.32 million to 3.96 billion. • The decline includes the cancellation of 22.24 million treasury A shares repurchased between November 2023 and February 2024. • During July, Conch Cement repurchased 17.68 million A shares on the Shanghai market at RMB 16.75–18.54, raising total A-share treasury holdings to 21.52 million.

Capital management strategy The latest actions bring total treasury stock (H and A shares combined) to 31.38 million shares. No new share options, warrants, convertibles or other equity instruments were issued during the period.

With a leaner share base and ongoing buy-backs, Conch Cement is signalling a continued focus on returning value to shareholders while maintaining regulatory public-float thresholds.

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