FilingReader Intelligence

Pacific Basin spent HKD 779k repurchasing shares

March 19, 2025 at 05:12 PM UTCBy FilingReader AI

The maritime company executed the buyback on March 19, 2025, at a price of HKD 1.69 per share, resulting in a total expenditure of HKD 779,090. The repurchase was conducted on the Exchange. With today's repurchase, the total number of shares the company has repurchased on the Exchange amounts to 157,645,000. The buyback aligns with a shareholder resolution passed on April 19, 2024, authorizing the company to repurchase up to 526,382,305 shares. The percentage of issued shares (excluding treasury shares) repurchased since that resolution stands at 2.9949%. The company confirms that the repurchases comply with Exchange regulations and that there have been no material changes to the explanatory statement filed on March 14, 2024.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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