Sinopec Corp: 175.94 Million A- and H-Shares Repurchased; Total Share Capital Unchanged as of 10 Aug 2026

Bulletin Express
08/10

China Petroleum & Chemical Corporation (Sinopec Corp) filed a Next Day Disclosure Return on 10 August 2026 reporting no change in its total issued share capital, while detailing sizeable repurchases of both H- and A-shares that remain pending cancellation.

• Capital base intact – Issued H-shares: 23.78 billion (no change) – Issued A-shares: 97.14 billion (no change)

• H-share buybacks (18 Jun – 21 Jul 2026) – Shares pending cancellation: 80.09 million, equal to 0.34 % of outstanding H-shares. – Volume-weighted average repurchase price: approximately HKD 4.12 per share, implying cash outlay of about HKD 329.70 million. – Price range: HKD 4.01–4.29.

• A-share buybacks (18 Jun – 10 Aug 2026) – Shares pending cancellation: 95.85 million, representing 0.10 % of outstanding A-shares. – Volume-weighted average repurchase price: roughly RMB 4.74 per share, for an estimated consideration of RMB 453.78 million. – Price range: RMB 4.46–5.18.

• Latest transaction (10 Aug 2026) – Repurchased 1.10 million A-shares on the Shanghai Stock Exchange via on-market transactions. – Price band: RMB 5.09–5.17; total consideration: RMB 5.66 million. – All shares are designated for cancellation.

• Mandate parameters – The current repurchase programme is governed by a shareholder mandate approved on 13 May 2026, permitting buybacks of up to 10 % of total issued shares (120.93 billion). – The company confirmed compliance with Hong Kong Stock Exchange Listing Rules and relevant mainland regulations for all transactions disclosed.

Following these activities, Sinopec Corp’s outstanding share counts remain unchanged, but 175.94 million shares—80.09 million H-shares and 95.85 million A-shares—are awaiting formal cancellation, which will modestly reduce the company’s issued share capital once completed.

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