China Petroleum & Chemical Corporation (stock code 00386.HK on the Hong Kong Stock Exchange and 600028 on the Shanghai Stock Exchange) released information regarding its recent share repurchases for both H shares and A shares. As of 19 and 20 November 2025, the total number of issued H shares remained at 23,945,350,600, while A shares remained at 97,232,263,098. Despite multiple repurchase transactions, the overall share count has not been formally reduced because some repurchased shares await cancellation.
From 22 September to 20 November 2025, the company repurchased a cumulative 101,326,000 H shares at prices ranging primarily from HKD 4.06 to HKD 4.57. Meanwhile, from 22 August to 20 November 2025, a total of 89,349,476 A shares were repurchased at prices generally between RMB 5.29 and RMB 6.07. On 20 November 2025 alone, 8,000,000 H shares were repurchased at a maximum price of HKD 4.6 per share, and 1,749,400 A shares were repurchased at a maximum price of RMB 6.1 per share. All repurchased shares designated for cancellation have not yet been removed from the total issued share count.