China Communications Construction Company (601800.SH) plans to spend 500 million to 1 billion yuan on implementing a buyback program, with the buyback price not exceeding 13.58 yuan per share.

The China Communications Construction Company (601800.SH) announced that it plans to repurchase company A shares using the centralized bidding trading method. The total amount of funds for repurchasing shares shall not be less than 500 million RMB and not exceed 1 billion RMB. The repurchase price shall not be higher than 13.58 RMB per share. The repurchase period shall be within 12 months from the date when the shareholder meeting approves the repurchase plan.