Metallurgical Corporation of China Ltd. (MCC) filed its Monthly Return with the Hong Kong Stock Exchange for the period ended 30 June 2026, detailing sizeable buyback activity and the resulting changes in share capital.
Authorised / Registered Share Capital • H-share quota fell by 32.00 million shares to 2.84 billion, each at RMB 1 par value. • A-share quota on the Shanghai Stock Exchange was unchanged at 17.85 billion shares. • Total authorised/registered share capital at month-end stood at RMB 20.69 billion.
Issued Shares • H-share count (excluding treasury stock) declined by 32.00 million to 2.84 billion after cancellations tied to repurchases executed on 16 January 2026 at prices ranging from HKD 1.51 to HKD 1.93 per share. • A-share issued capital remained at 17.85 billion. • MCC confirmed public float compliance, with at least 5 % of H-shares held by public investors as required for PRC issuers.
Repurchase Activity H-Shares (Hong Kong): – 17 separate transactions on 16 January 2026 totalled 32.00 million shares, fully cancelled within the month. Transaction prices averaged approximately HKD 1.78 per share.
A-Shares (Shanghai): – 15 transactions on 16 January 2026 resulted in the repurchase of 85.73 million A-shares at prices between RMB 2.79 and RMB 3.23. These shares remain in treasury pending formal cancellation.
Treasury Shares • No H-shares were held in treasury at month-end, as all repurchased shares were cancelled. • 85.73 million A-shares are held as treasury shares awaiting cancellation.
Capital Structure Snapshot (30 June 2026) • Total issued shares: 20.69 billion (2.84 billion H-shares; 17.85 billion A-shares). • No outstanding share options, warrants, or convertible securities were reported.
Governance Confirmation MCC’s board affirmed that all repurchase activities complied with Hong Kong Listing Rules, PRC regulations, and corporate approvals, and that all proceeds were duly settled.
The reported adjustments streamline MCC’s H-share capital base while signalling ongoing share buyback intentions on the Shanghai market pending completion of cancellation procedures.