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China Communications Construction reports initial progress in share repurchase program

October 8, 2025 at 05:07 PM UTCBy FilingReader AI

China Communications Construction Company Limited (SSE:601800) has announced the progress of its share repurchase program, which began on June 17, 2025. As of September 30, 2025, the company has repurchased 9,715,200 A-shares through centralized bidding. This represents approximately 0.0597% of the company's total share capital. The highest price paid for shares was RMB 8.98 per share, while the lowest was RMB 8.58 per share.

The total value of the repurchased shares amounts to RMB 85,546,970.91, excluding transaction fees. The repurchase program, approved by shareholders on June 16, 2025, aims to utilize company funds to repurchase shares for the purpose of reducing registered capital. The total repurchase amount is projected to be between RMB 500 million and RMB 1 billion, with a price cap of RMB 13.58 per share, over a 12-month period.

The company confirmed that the repurchase activities comply with relevant laws and regulations, as well as its established repurchase plan. China Communications Construction will continue to make repurchase decisions based on market conditions within the stipulated timeframe, providing timely disclosures on the program's progress.

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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