CMOC Seeks Shareholder Mandate for Up to 10% A and H Share Buyback

The latest update is out from CMOC Group ( (HK:3993) ).

CMOC Group has called its 2026 first class meeting of H shareholders to be held in Luoyang, China, immediately after its 2025 annual general meeting and the class meeting of A shareholders. The company is seeking approval from H shareholders for a special resolution granting the board a general mandate to repurchase A and H shares listed in Shanghai and Hong Kong.

The proposed mandate would allow repurchases of up to 10% of the company’s outstanding A shares and 10% of its outstanding H shares, excluding treasury stock, within a defined period ending at the 2026 annual general meeting or earlier revocation. The plan is subject to approvals from relevant Chinese regulators and includes authorization for the board to set detailed repurchase terms, handle creditor notifications, regulatory filings, and foreign exchange procedures, potentially giving CMOC greater flexibility in capital management and share price support.

The most recent analyst rating on (HK:3993) stock is a Buy with a HK$25.00 price target. To see the full list of analyst forecasts on CMOC Group stock, see the HK:3993 Stock Forecast page.

More about CMOC Group

CMOC Group Limited is a Chinese joint stock company listed in Hong Kong that operates in the resources and mining sector. It issues both A shares on the Shanghai Stock Exchange and H shares on the Hong Kong Stock Exchange, reflecting a dual-market investor base spanning mainland China and international shareholders.

Average Trading Volume: 58,071,062

Technical Sentiment Signal: Buy

Current Market Cap: HK$414.5B

See more data about 3993 stock on TipRanks’ Stock Analysis page.