China Communications Construction adjusts 2025 interim dividend after share buyback

China Communications Construction Company (CCCC) announced on November 26, 2025, the repurchase and cancellation of 3,967,200 restricted shares. This action follows 48 incentive plan participants becoming non-qualified, with shares from 47 participants totaling 3,967,200 being processed for cancellation. The remaining 150,000 shares from one participant are pending due to personal reasons. The cancellation is estimated to be complete by November 28, 2025, reducing the company's total share capital from 16,278,611,425 shares to 16,274,644,225 shares.

Concurrently, CCCC revised its 2025 interim dividend distribution. Initially planning a cash dividend of not less than RMB 0.11756 per share, the company adjusted this to RMB 0.11780 per share. This adjustment maintains the total dividend payout at approximately RMB 1.914 bn, despite the decrease in total outstanding shares due to the aforementioned repurchase and cancellation, as well as an additional 29,345,900 A-shares held in the company's dedicated repurchase account.

The dividend adjustment ensures the total payout remains consistent with the company's 2025 interim profit distribution plan, reflecting 20% of the net profit attributable to parent company shareholders for the first half of 2025. The company affirms that these actions will not significantly impact its operational cash flow, normal business operations, or long-term development.