Conch Cement Buys Back 480,000 Shares on Sept 2 for HK$7.96 Million
Conch Cement repurchased 480,000 shares on September 2 at prices between HK$16.540 and HK$16.660 per share, totaling HK$7.96 million. The stock closed at HK$16.630, down 1.25%, with turnover of HK$109 million. This marked the fifth consecutive trading day of buybacks since August 27, bringing the cumulative repurchase to 2.01 million shares worth HK$34.36 million, while the stock fell 6.05% over the period. Since the start of 2026, the company has completed 26 buybacks totaling 11.88 million shares for HK$203 million.
Conch Cement disclosed on September 2 that it repurchased 480,000 shares at prices ranging from HK$16.540 to HK$16.660 per share, for a total consideration of HK$7.96 million. The stock closed at HK$16.630 that day, down 1.25%, with full-day turnover of HK$109 million.
Since August 27, Conch Cement has conducted buybacks on five consecutive trading days, repurchasing a total of 2.01 million shares for an aggregate amount of HK$34.36 million. During this period, the stock has fallen 6.05%.
Since the beginning of 2026, Conch Cement has completed 26 buybacks, repurchasing a total of 11.88 million shares for an aggregate amount of HK$203 million.
Recent buyback details show that on September 1, the company repurchased 500,000 shares for HK$8.42 million; on August 31, 400,000 shares for HK$6.78 million; on August 28, 400,000 shares for HK$7.13 million; and on August 27, 230,000 shares for HK$4.07 million. Additional buybacks were conducted in July, with individual transaction amounts ranging from HK$1.69 million to HK$15.04 million.