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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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