China Communications Construction announces share repurchase program progress
China Communications Construction Company Limited (SSE:601800) announced an update on its share repurchase program, initially disclosed on May 31, 2025. The program, approved at the 2024 Annual General Meeting on June 16, 2025, allows the company to repurchase its A-shares using its own funds via centralized bidding. The intended repurchase amount is between CNY 500 million and CNY 1 billion, at a price not exceeding CNY 13.58 per share. The repurchased shares are intended for cancellation to reduce the company's registered capital. The repurchase period extends until June 16, 2026. As of June 30, 2025, the company has not yet repurchased any shares. The company will continue to assess market conditions and implement the repurchase plan accordingly, while fulfilling its information disclosure obligations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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