China Petroleum & Chemical Corporation (SINOPEC CORP; HKEX: 00386, SSE: 600028) filed a Next Day Disclosure Return on 18 August 2026 outlining the status of its share repurchase programme.

Key take-aways

1. Issued Share Capital • H shares in issue (HKEX): 23.78 billion • A shares in issue (SSE): 97.14 billion • No change in total issued share count was recorded between 17 and 18 August 2026. • The company holds no treasury shares.

2. Aggregate Shares Pending Cancellation (18 June – 18 August 2026) • H shares: 80.09 million, equal to 0.34 % of outstanding H shares before the first repurchase. • A shares: 102.70 million, equal to 0.11 % of outstanding A shares before the first repurchase. • Combined: 182.79 million shares, representing roughly 0.15 % of SINOPEC CORP’s total share capital of 120.93 billion shares.

3. Repurchase Consideration (Volume-weighted) • H shares: Approximately HKD 329.70 million spent at an average price of HKD 4.12 per share. • A shares: Approximately RMB 491.98 million spent at an average price of RMB 4.79 per share.

4. Latest Transaction • On 18 August 2026 the company bought back 0.50 million A shares on the Shanghai Stock Exchange at RMB 5.04–5.05, costing RMB 2.52 million.

Regulatory framework

• The disclosed buy-backs comply with Hong Kong Listing Rule 10.06 and the corresponding Shanghai Stock Exchange regulations. • SINOPEC CORP’s current mandate, approved on 13 May 2026, allows repurchases of up to 10 % of its issued share capital; repurchases to date account for about 0.15 % of that base.

Outlook

The disclosed repurchases underscore management’s continued execution of its authorised buy-back programme. All repurchased shares remain uncancelled as at 18 August 2026 and, once retired, will reduce the company’s outstanding share count accordingly.