Sinopec Oilfield Service completes share repurchase plan

Sinopec Oilfield Service Corp (SSE:600871) announced the completion of its share repurchase program on June 5, 2025. The company repurchased 22,366,200 A-shares, representing 0.12% of the total share capital. The repurchase was executed through centralized bidding at prices ranging from CNY1.73 to CNY1.99 per share, with an average price of CNY1.876. The total expenditure for the repurchase amounted to CNY41.9652 million, excluding transaction costs. The repurchased shares will be cancelled to reduce the company's registered capital. The repurchase aligns with the previously disclosed plan and will not materially impact the company's operations or control structure.