Conch Cement Updates on HK$8.37 Million H-Share Buyback, Issued Capital Falls Marginally

Bulletin Express
06/30

Conch Cement (Anhui Conch Cement Company Limited) reported a repurchase of 500,000 H shares on 30 June 2026, according to its latest Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 30 June 2026. The shares were bought on the Exchange at prices ranging between HK$16.58 and HK$17.03, for an aggregate consideration of HK$8.37 million, implying a volume-weighted average cost of HK$16.74 per share.

Following the transaction, Conch Cement’s outstanding H-share count (excluding treasury shares) declined 0.04 percent to 1.297 billion, while treasury shares increased to 2.63 million. Total issued shares remained unchanged at 1.300 billion because the repurchased shares have been retained as treasury stock and not yet cancelled.

The 28 May 2026 shareholder mandate authorises the company to repurchase up to 129.96 million shares; to date, 2.13 million shares—or 0.20 percent of shares outstanding at the mandate date—have been acquired under this authority. In accordance with Hong Kong Listing Rules, Conch Cement is subject to a moratorium on issuing new shares or disposing of treasury shares until 30 July 2026.

The company affirmed that the buyback complied with Main Board Rule 10.06 requirements and stated that no material changes have occurred to the explanatory statement filed on 23 April 2026.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10