Xin Lang Cai Jing·2025-10-09 10:49Core Viewpoint - China National Offshore Oil Corporation (CNOOC) announced the progress of its controlling shareholder's share buyback plan, indicating a commitment to increase its stake in the company over the next year [1] Summary by Relevant Sections Share Buyback Plan - CNOOC Group plans to increase its holdings in A-shares and Hong Kong stocks with an investment amount ranging from 2 to 4 billion yuan over a 12-month period [1] - As of October 8, the cumulative buyback in Hong Kong stocks reached 22,098,000 shares, accounting for 0.05% of the total share capital, with an investment amount of 332 million yuan (excluding taxes) [1] Shareholding Details - The controlling shareholder held 735,626,000 shares in Hong Kong stocks prior to the buyback, representing 1.55% of the total shares [1] - The buyback plan is currently more than halfway through its timeline, but the actual investment amount has not yet reached the lower limit of 50% of the planned investment [1] Future Plans - The company intends to continue the buyback at opportune moments, despite potential market fluctuations that may affect the original expectations of the buyback plan [1]