Metallurgical Corporation of China Ltd. (MCC) filed a Next Day Disclosure Return detailing further share repurchases carried out on 18 September 2026 across both Hong Kong and Shanghai markets.
Key take-aways
• Latest transactions – Hong Kong: 2.94 million H-shares were bought back on the Stock Exchange of Hong Kong at HKD 1.35–1.37 per share, for a total consideration of HKD 4.00 million. – Shanghai: 3.94 million A-shares were repurchased on the Shanghai Stock Exchange at RMB 2.51–2.55 per share, totalling RMB 10.00 million. All shares repurchased on the day are designated for cancellation; none will be held as treasury shares.
• Cumulative H-share programme Since 2 July 2026 MCC has repurchased 50.91 million H-shares, equal to 1.79 % of the H-share count (2.84 billion) at the time the mandate was approved on 29 June 2026. Aggregate H-share buybacks now represent 17.9 % of the 283.90 million-share limit authorised by shareholders, leaving capacity for roughly 233 million additional H-share repurchases.
• Cumulative A-share activity From 26 January to 18 September 2026 the company has repurchased 224.33 million A-shares, equivalent to about 1.26 % of the 17.85 billion A-shares outstanding. All A-shares bought back remain pending cancellation.
• Share capital position (prior to cancellation) – H-shares in issue: 2.84 billion – A-shares in issue: 17.85 billion Repurchased shares have not yet been cancelled, so headline issued share capital is unchanged.
• Regulatory considerations Under Hong Kong listing rules, MCC is subject to a 30-day moratorium on new share issues or treasury share sales following the latest repurchase, extending to 18 October 2026. The company confirms all buybacks complied with Hong Kong and Shanghai exchange regulations and relevant board authorisations.
The ongoing repurchase programmes continue to reduce MCC’s future share count once cancellations are effected, while leaving significant headroom under the existing H-share mandate.