China Communications Construction begins A-share buyback program
China Communications Construction Company Limited announced on September 19, 2025, the initial repurchase of its A-shares through centralized bidding. As of September 18, 2025, the company had repurchased 5,000,000 shares, representing 0.0307% of its total share capital. The repurchased shares were acquired at prices ranging from RMB8.81 to RMB8.98 per share, totaling RMB44,383,554.91 (excluding transaction fees).
The buyback aligns with the resolution passed at the 2024 annual general meeting on June 16, 2025, which approved a plan to repurchase A-shares with a total value between RMB500m and RMB1bn. The repurchased shares are intended for cancellation, thereby reducing the company’s registered capital.
The repurchase program is set to continue until June 16, 2026, and the company confirmed that this initial transaction complies with relevant laws and its buyback plan. China Communications Construction will continue to make timely disclosures regarding the progress of the buyback.
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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