Sinopec continues share buyback program into November

China Petroleum & Chemical Corporation (Sinopec) announced repurchases of its H-shares, with the latest transaction on November 21, 2025, involving 8.25m shares at prices ranging from HK$4.42 to HK$4.56, for a total of HK$36,777,675. This transaction brings the total H-shares repurchased on the Exchange under the current mandate to 177.2m, representing 0.15% of the issued H-shares as of May 28, 2025.

Sinopec also reported various H-share repurchases for cancellation between September 22, 2025, and November 21, 2025. Daily repurchase volumes ranged from 2.398m to 8.25m shares, with prices between HK$4.06 and HK$4.57. The aggregate number of issued H-shares remained unchanged at 23,945,350,600 as of November 21, 2025, as repurchased shares are yet to be cancelled.

Additionally, the company disclosed repurchases of its A-shares for cancellation from August 22, 2025, to November 20, 2025. These daily repurchases ranged from 371,200 to 17.2m shares at prices between yuan 5.29 and yuan 6.07. The total number of issued A-shares remained at 97,232,263,098 as of November 21, 2025. The repurchase mandate for H-shares authorizes the company to buy back up to 2,404,929,260 shares.