Aluminum Corp of China adjusts share repurchase price, unlocks restricted shares

Aluminum Corp of China announced the repurchase and cancellation of 660,751 restricted shares from 15 incentive recipients, due to retirement, job changes, or negative circumstances. The total repurchase amounted to RMB 1,717,952.60 from the company’s own funds.

The repurchase price for initially granted shares has been adjusted from RMB 2.72 per share to RMB 2.60 per share, and for pre-granted shares from RMB 1.88 per share to RMB 1.76 per share. This adjustment reflects the mid-term dividend distribution of 2025, which included a RMB 0.123 per share dividend in 2025.

The company also announced the unlocking of the second tranche of restricted shares for 270 recipients, totaling 7,742,752 shares. These shares represent 0.045% of the current total share capital and were granted under the 2021 Restricted Share Incentive Plan, with the unlocking conditions being met.