MCC Buys Back 2.14 Million H-Shares and 5.82 Million A-Shares on 15 September; Cumulative 2026 Repurchases Reach 47.97 Million H-Shares and 220.38 Million A-Shares

Bulletin Express
Sep 15

Metallurgical Corporation of China Limited (MCC) disclosed its latest Next Day Disclosure Return, confirming continued execution of its 2026 share-repurchase programme across both Hong Kong-listed H-shares (stock code: 01618) and Shanghai-listed A-shares (stock code: 601618).

H-SHARE ACTIVITY • On 15 September 2026 MCC repurchased 2.14 million H-shares on the Hong Kong Stock Exchange at prices between HKD 1.395 and HKD 1.425, for an aggregate consideration of HKD 3.00 million (volume-weighted average price: HKD 1.40 per share). • Year-to-date (2 July – 15 September 2026) H-share repurchases awaiting cancellation total 47.97 million shares, equal to 1.69 % of the 2.84 billion H-shares outstanding when the current mandate was granted on 29 June 2026. • The current mandate authorises the company to buy back up to 283.90 million H-shares; approximately 235.93 million shares (83 % of the mandate) remain available. • Despite the buybacks, the issued H-share capital stood unchanged at 2.84 billion shares as at 15 September 2026 because none of the repurchased shares has yet been cancelled. No treasury shares are held.

A-SHARE ACTIVITY • On the same date, MCC repurchased 5.82 million A-shares on the Shanghai Stock Exchange at prices between RMB 2.57 and RMB 2.59, spending RMB 15.00 million (average price: RMB 2.58). • Cumulative repurchases in 2026 now amount to 220.38 million A-shares pending cancellation, representing roughly 1.24 % of the 17.85 billion A-shares in issue. • As with the H-shares, the total number of issued A-shares remained unchanged at 17.85 billion on 15 September 2026; no treasury A-shares are held.

MANDATE AND MORATORIUM • The Hong Kong repurchase mandate was approved on 29 June 2026. • In line with Hong Kong Stock Exchange rules, MCC is subject to a moratorium on issuing new shares or selling treasury shares until 15 October 2026.

The company states that all repurchases have been authorised by the board and executed in compliance with relevant regulations on both the Hong Kong and Shanghai exchanges.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10