Anhui Conch Cement Company Limited (Conch Cement) disclosed a dual-market share buyback on 16 July 2026, reducing both its Hong Kong-listed H-share and Shanghai-listed A-share free floats.
H-shares (HKEX) • Volume repurchased: 200,000 shares • Price range: HKD 16.94–17.07; volume-weighted average HKD 17.02 • Cash outlay: HKD 3.40 million • Post-transaction share count: 1.29 billion issued (excluding 7.10 million held in treasury) • Percentage of H-shares cancelled/treasury: 0.0155% of the pre-deal issued H-share capital • Repurchase headroom: 7.10 million H-shares bought to date under the 28 May 2026 mandate, using 0.55% of the 129.96 million-share authority • Moratorium: No new issue or disposal of treasury shares permitted before 15 August 2026
A-shares (SSE) • Volume repurchased: 1.20 million shares • Price range: RMB 17.41–17.60; volume-weighted average RMB 17.51 • Cash outlay: RMB 21.01 million • Post-transaction share count: 3.97 billion issued (excluding 11.61 million held in treasury) • Percentage of A-shares moved to treasury: 0.0302% of the pre-deal issued A-share capital
Aggregate impact • Total shares repurchased on 16 July 2026: 1.40 million • Combined cash consideration: HKD 3.40 million and RMB 21.01 million • All repurchased shares have been retained as treasury stock; no cancellations were executed.
These actions form part of Conch Cement’s ongoing share repurchase programmes on both the Hong Kong and Shanghai exchanges, undertaken in accordance with respective regulatory requirements and previously approved mandates.
Comments