China Molybdenum Co., Ltd. (SEHK:3993) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 Class A shares, representing approximately 0.46% of its total share capital for CNY 800 million. The shares will be repurchased at a price not more than CNY 8 per share. The repurchases will be funded using the company's own funds. The shares repurchased will be used for employee stock ownership plans or equity incentive plans.