Sinopec Corp. Maintains Outstanding Share Base; Accumulates Over 206 Million Dual-Listing Buybacks Ahead of Cancellation

Bulletin Express
昨天

China Petroleum & Chemical Corporation (Sinopec Corp.) filed a Next Day Disclosure Return dated 08 September 2026, confirming that no new shares were issued and no treasury shares were cancelled. Outstanding share capital therefore remains at 23.78 billion H-shares and 97.14 billion A-shares, or 120.93 billion shares in aggregate.

Key developments

1. Latest Hong Kong repurchase • On 08 September 2026 the company bought back 2.21 million H-shares on the Hong Kong Stock Exchange at prices between HKD 4.69 and HKD 4.92, for a total consideration of HKD 10.78 million. • All acquired shares are earmarked for cancellation.

2. Cumulative H-share activity since 18 June 2026 • Sinopec has repurchased 102.41 million H-shares at prices ranging from HKD 4.01 to HKD 4.92. • The cumulative volume equals 0.43 % of the 23.78 billion H-shares in issue and represents 4.31 % of the 2.38 billion shares authorised under the buy-back mandate granted on 13 May 2026. • A 30-day moratorium on new share issues or treasury-share sales is in place until 08 October 2026 in accordance with Hong Kong listing rules.

3. Parallel A-share repurchases on the Shanghai Stock Exchange • Between 18 June and 21 August 2026 the company repurchased 104.26 million A-shares, equal to 0.11 % of the 97.14 billion A-shares outstanding. • Transaction prices ranged from RMB 4.46 to RMB 5.18. • All A-shares acquired remain outstanding pending formal cancellation.

Capital structure impact Despite completing over 206 million share buybacks across both listings, Sinopec’s issued share count is unchanged as of 08 September 2026 because the repurchased shares have not yet been cancelled. Once the cancellations are processed, the total share capital will decline by approximately 0.17 %.

No other corporate actions—such as new share issues, conversions, or resale of treasury shares—were disclosed in the filing.

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