China National Building Material Seeks Mandate for 10% H-Share Buyback

China National Building Material Co ( (HK:3323) ) has provided an update.

China National Building Material Company Limited has convened a domestic shareholders’ class meeting for 29 April 2026 in Beijing to vote on a special resolution granting its board a general mandate to repurchase up to 10% of the company’s H shares in issue. The mandate would allow the board to determine key terms of the buyback, handle related foreign exchange procedures, cancel repurchased shares, reduce registered capital accordingly, and amend the articles of association, with the authority lasting until the next AGM, twelve months after approval, or any earlier revocation by shareholders.

The most recent analyst rating on (HK:3323) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China National Building Material Co stock, see the HK:3323 Stock Forecast page.

More about China National Building Material Co

China National Building Material Company Limited is a PRC-incorporated joint stock company operating in the building materials industry. The group is involved in producing and supplying construction-related materials and products, serving domestic and international markets through both domestic shares and H shares listed in Hong Kong.

Average Trading Volume: 39,804,063

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.43B

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