China Petroleum & Chemical Corporation (Sinopec Corp) disclosed an updated share repurchase report for 10 September 2026 under the Hong Kong Stock Exchange’s Next Day Disclosure Return requirements.
• Latest transaction – H shares On-market repurchase: 2.18 million H shares Price range: HKD 4.83–4.91 Cash outlay: HKD 10.58 million All shares are designated for cancellation.
• Outstanding share capital unchanged After the 10 September trade, issued share capital remains at 23.78 billion H shares and 97.14 billion A shares. Sinopec holds no treasury shares; therefore, the repurchases have not yet affected the official share count pending formal cancellation.
• Cumulative H-share activity since 18 June 2026 Total H shares repurchased but not yet cancelled: 106.78 million, equivalent to 0.45 % of the 23.78 billion issued H shares. Repurchase prices have ranged between HKD 4.01 and HKD 4.91.
• Cumulative A-share activity on the Shanghai Stock Exchange Total A shares repurchased but not yet cancelled: 104.26 million, or 0.11 % of the 97.14 billion issued A shares. Purchase prices have ranged from RMB 4.46 to RMB 5.18.
• Mandate utilisation The current buyback authority, granted on 13 May 2026, permits repurchases of up to 2.38 billion shares. Since the mandate took effect, 106.78 million H shares—0.09 % of total shares outstanding at mandate date—have been acquired through the Hong Kong market.
• Moratorium on new issuance Under Hong Kong Listing Rule 10.06(3)(a), Sinopec is restricted from issuing new shares until 10 October 2026, 30 days after the latest on-market repurchase.
The company’s disclosed data indicate an ongoing, but still modest, execution of its authorised buyback programme, with 211.04 million shares repurchased across both exchanges since 18 June 2026—representing 0.17 % of the 120.93 billion shares outstanding.