Conch Cement Spends HK$7.13 Million on Share Buyback on August 28
Stock News
Aug 28
Conch Cement (00914) disclosed that it repurchased 400,000 shares on August 28, 2026, at a total cost of HK$7.1265 million. The buyback price ranged between HK$17.77 and HK$17.86 per share, according to the company's official filing.
This move reflects the company's ongoing capital management strategy, aiming to enhance shareholder value by reducing the number of outstanding shares in the market.
The repurchase was executed within the company's authorized buyback program, and the shares acquired will be held as treasury stock or canceled accordingly, depending on prevailing regulations.
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