China Petroleum & Chemical Corporation (Sinopec) submitted a new Next Day Disclosure Return to The Stock Exchange of Hong Kong Limited on July 14, 2026, regarding share repurchases and changes in issued shares.
For H shares, the company repurchased 1,762,000 ordinary shares on the Exchange on that day at prices ranging from HKD 4.06 to HKD 4.19 per share, with an aggregate consideration of approximately HKD 7,215,037.6. These shares are intended for cancellation. Meanwhile, its A-share buyback on the Shanghai Stock Exchange involved 768,460 ordinary shares at prices between RMB 4.89 and RMB 4.94 per share, for a total cost of about RMB 3,781,581.4, also planned for cancellation.
The return indicates that all repurchased shares have not yet been cancelled. In addition to the transactions on July 14, the company has multiple other H-share and A-share repurchases pending cancellation since June 18, with prices and quantities detailed in the filing.
As of July 14, 2026, Sinopec's total number of issued H shares and A shares (excluding treasury shares) remained unchanged at 23,782,600,600 and 97,142,913,622, respectively, and the company held no treasury shares.
The filing further reveals that the H-share repurchase mandate was approved by resolution on May 13, 2026, authorizing a maximum of 2,378,260,060 shares to be repurchased. By July 14, the company had cumulatively repurchased 62,442,000 H shares under this mandate, representing 0.052% of the issued H shares at the time of the resolution. Following the buyback, a moratorium period on any new share issues or treasury share sales and transfers extends until August 13, 2026.
The return was submitted by Zhang Zheng, Secretary to the Board of Directors, who confirmed that all repurchases were conducted in accordance with applicable listing rules.