MCC Announces Share Buyback Totaling 85.73 Million A-Shares as of June End

Stock News07-02 18:28

An announcement from MCC (ASX: 01618) details its share repurchase activities up to June 30, 2026.

By that date, the company had repurchased 85.7316 million A-shares through the Shanghai Stock Exchange's centralized bidding system. These repurchased A-shares represent approximately 0.4143% of the company's total share capital following the cancellation of H-share buybacks. The highest transaction price was RMB 3.25 per share, the lowest was RMB 2.78 per share, and the total transaction value amounted to RMB 259 million, excluding trading fees.

Concurrently, under the authorization for H-share repurchases, the company bought back 32 million H-shares through the Hong Kong Stock Exchange's on-market trading system by June 30, 2026. These repurchased H-shares accounted for about 0.1544% of the total share capital prior to their cancellation. The highest transaction price for these H-shares was HKD 1.94 per share, the lowest was HKD 1.49 per share, and the total transaction value reached HKD 55.4501 million, excluding trading fees.

The 32 million repurchased H-shares were subsequently cancelled on June 2, 2026.

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