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Sinopec Buys Back 2.29M Shares on Sept 3, Annual Total Reaches HK$404 million

Published: Updated: By 24TopNews Editorial Desk

Sinopec repurchased 2.29 million shares on September 3 at prices between HK$4.700 and HK$4.790, spending HK$10.82 million. The stock closed at HK$4.725, down 0.53%, with daily turnover of HK$390 million. Since August 26, the company has repurchased shares for seven consecutive trading days, totaling 15.64 million shares for HK$73.97 million. Year-to-date, Sinopec has completed 30 buybacks, repurchasing 95.75 million shares for a cumulative HK$404 million.

China Petroleum & Chemical Corporation (Sinopec) conducted a share buyback on September 3, repurchasing 2.29 million shares at prices ranging from HK$4.700 to HK$4.790 per share, for a total consideration of HK$10.82 million. The stock closed the day at HK$4.725, down 0.53%, with full-day turnover of HK$390 million.

Since August 26, the company has repurchased shares for seven consecutive trading days, acquiring a total of 15.64 million shares for an aggregate amount of HK$73.97 million. During this period, the stock has risen by 0.53% cumulatively.

Since the start of 2026, Sinopec has completed 30 buyback transactions, repurchasing a total of 95.75 million shares for a cumulative amount of HK$404 million.