China Communications Construction progresses share repurchase program

China Communications Construction Company (CCCC) announced the latest developments in its A-share repurchase program, which began on June 17, 2025, and is set to conclude by June 16, 2026. As of November 21, 2025, CCCC had repurchased 28,499,300 A-shares through centralized bidding, representing 0.1751% of its total share capital. The total repurchased amount reached RMB 250,062,337.91, with prices ranging from RMB 8.47 to RMB 8.98 per share. The company’s repurchases aim to reduce registered capital, a move approved during the 2024 annual general meeting.

The repurchase is part of a larger plan to buy back shares worth not less than RMB 500 million and not exceeding RMB 1 billion, with a price cap of RMB 13.58 per share. All repurchased shares will be canceled to reduce the company's registered capital. According to the daily disclosure, on November 21, 2025, CCCC repurchased 1,271,000 shares on other stock exchanges at an average price of RMB 8.61 per share, with the lowest price at RMB 8.47 per share, totaling RMB 10,849,455.

The company affirmed its adherence to the "Rules Governing the Listing of Stocks" and other relevant regulations, ensuring all repurchases align with the approved resolution. CCCC will continue to monitor market conditions and make further repurchase decisions while fulfilling its information disclosure obligations.