Sinopec reports active H-share repurchase program in Q4 2025

China Petroleum & Chemical Corporation (Sinopec) filed its next day disclosure return on December 17, 2025, detailing extensive H-share repurchases. The company’s closing balance of issued shares remained at 23,945,350,600 as of December 17, 2025, with no changes in issued shares excluding treasury shares or treasury shares reported on this date.

The disclosure reveals a series of H-share repurchases for cancellation between September 22, 2025, and December 17, 2025. On December 17, 2025, Sinopec repurchased 712,000 H shares at prices ranging from HK$4.32 to HK$4.45, with an aggregate cost of HK$3,153,376.8.

The total number of H shares repurchased for cancellation between August 22, 2025, and November 20, 2025, amounted to 89,349,476 A shares, which were subsequently cancelled on November 24, 2025. The company's repurchase mandate, granted on May 28, 2025, authorizes the repurchase of up to 2,404,929,260 shares. As of December 17, 2025, 230,120,000 shares have been repurchased under this mandate, representing 0.19% of the issued shares at the resolution date.