SINOPEC CORP (00386) Completes Buyback of 89.35 Million A Shares

Stock News
2025/11/23

SINOPEC CORP (00386) announced that on November 20, 2025, the company completed its latest share repurchase, having bought back 89.35 million A shares, representing 0.07% of its total share capital. The highest repurchase price was RMB 6.10 per share, the lowest was RMB 5.27 per share, and the average price stood at approximately RMB 5.60 per share. The total expenditure amounted to RMB 500 million (excluding transaction fees). All 89.35 million repurchased A shares will be canceled, leading to a corresponding reduction in registered capital. Upon application, the company will cancel the entire batch of 89.35 million repurchased A shares on November 24, 2025, through China Securities Depository and Clearing Corporation Limited Shanghai Branch, and proceed with the necessary registration updates.

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