Sinopec Engineering repurchases shares on HKEX

SINOPEC Engineering (Group) Co (HKEX: 2386) announced a share repurchase of 1,015,000 ordinary shares on March 17, 2025. The shares were bought back on the Hong Kong Stock Exchange (HKEX). The repurchases were made at prices ranging from HKD 5.59 to HKD 5.65 per share, resulting in an aggregate price paid of HKD 5,713,333.5. The company stated that the repurchases align with Main Board Rules. The total number of shares that the issuer is authorised to repurchase is 145,134,350. As of the date of the resolution granting the repurchase mandate, 0.57% of issued shares have been repurchased. SINOPEC is subject to a moratorium period for any issue of new shares or sale of treasury shares until April 16, 2025.