ICBC’s March 2026 Share Capital Report: No Changes in Issued Shares, Public Float Fully Compliant

Bulletin Express
04/01

Industrial and Commercial Bank of China Limited (ICBC) filed its Monthly Return for the period ended 31 March 2026, confirming a stable share structure across all classes.

Key figures

1. Authorised / registered share capital • Ordinary H shares: 86.79 billion shares at RMB 1 par value, unchanged. • Ordinary A shares: 269.61 billion shares at RMB 1 par value, unchanged. • Domestic Preference Shares: 1.15 billion shares (450 million “工行優1” and 700 million “工行優2”) at RMB 100 par value each, unchanged. • Total authorised share capital: RMB 471.41 billion.

2. Issued share capital and treasury position • Ordinary H shares in issue: 86.79 billion; treasury shares: zero. • Ordinary A shares in issue: 269.61 billion; treasury shares: zero. • Domestic Preference Shares in issue: 1.15 billion; treasury shares: zero. • No share repurchases, cancellations, or new issues occurred during the month.

3. Public float ICBC confirmed compliance with the Main Board Rule 13.32D(1) minimum requirement that at least 5 % of its H-share class remains in public hands.

4. Convertible preference shares • “工行優1”: RMB 45.00 billion outstanding; conversion price RMB 3.44 per A share; up to 13.08 billion A shares could be issued upon a trigger event. • “工行優2”: RMB 70.00 billion outstanding; conversion price RMB 5.43 per A share; up to 12.89 billion A shares could be issued upon a trigger event. No conversions took place in March 2026.

5. Other corporate actions The bank reported no share options, warrants, Hong Kong depositary receipts, or other equity instruments during the month.

Conclusion

ICBC’s March 2026 filing indicates a steady capital structure with no equity movements and full adherence to Hong Kong listing requirements. Convertible preference shares remain a potential source of additional A-share issuance, but no trigger events or conversions occurred in the reporting period.

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