CNOOC increases share purchases: CNOOC stock sits 22.40 percent below its high

Published on 10/08/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CNOOC Group accumulated 31.81 million Hong Kong shares by October 8, 2026. CNOOC stock was HKD 24.04 on October 8, 2026, 22.40 percent below HKD 30.98.

CNOOC Ltd., HK0883013259, Illustration mit AI erstellt.

CNOOC Ltd. (HK0883013259) was last at HKD 24.04 on the Hong Kong Stock Exchange on October 8, 2026, 22.40 percent below its HKD 30.98 52-week high. Futunn reported on October 8, 2026, that CNOOC Group had accumulated 31.81 million Hong Kong-listed shares under its purchase plan.

Share purchases remain below plan

The accumulated Hong Kong share purchases represented RMB 522.0 million and 0.0669 percent of CNOOC's issued shares, according to Futunn's report. The group had also accumulated 3.89 million A shares for RMB 130.0 million, equal to 0.0082 percent of the issued share count.

The report said the purchase period had passed its halfway point, while the combined spending remained below 50 percent of the lower end of the planned range. CNOOC Group said it would continue buying shares with its own funds, giving the announcement a clear capital-support angle but also showing that implementation has progressed slowly.

Interim profit gives the stock support

ET Net lists CNOOC's attributable profit for the 2026 interim period at RMB 85.818 billion, up 23.42 percent from the comparable period. The same page reports interim earnings per share of RMB 1.81, putting the profit increase alongside a concrete per-share result.

The operating backdrop is therefore stronger than the share-price position alone suggests. A 22.40 percent gap to the HKD 30.98 yearly high contrasts with the 23.42 percent year-over-year profit increase, although the two figures measure different risks: market valuation versus reported earnings.

Dividend date adds a near-term marker

ET Net records an interim dividend of HKD 0.94 per share for 2026, with payment scheduled for October 16, 2026. That distribution provides a separate shareholder-return marker as the purchase plan moves through its second half.

Hong Kong quote below yearly high

On the Hong Kong Stock Exchange, CNOOC was last at HKD 24.04 on October 8, 2026 at 4:08 p.m. HKT, while the exchange status was closed; its 52-week range was HKD 18.42 to HKD 30.98. Market capitalization stood at HKD 1.1 trillion on October 8, 2026.