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Sinopec details progress in A-share buyback program

September 2, 2025 at 09:40 AM UTCBy FilingReader AI

China Petroleum & Chemical Corp. (Sinopec) initiated its latest A-share buyback on August 22, 2025, following board approval. As of August 31, 2025, the company has repurchased 17,200,000 A-shares, representing 0.01% of its total share capital.

The buyback was executed at prices ranging from RMB 5.77 per share to RMB 5.86 per share. The total amount spent on these repurchases stands at RMB 99,806,035.67, excluding transaction fees.

Sinopec plans to cancel all repurchased shares, which will reduce its registered capital. The company assures it will continue to disclose information in compliance with relevant laws and regulations.

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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