FilingReader Intelligence

Pacific Basin Shipping repurchases shares on HKEX April 1st

April 1, 2025 at 05:02 PM UTCBy FilingReader AI

Pacific Basin Shipping Limited announced the repurchase of 566,000 of its own ordinary shares on the Hong Kong Stock Exchange on April 1, 2025. The shares were repurchased at a price of HKD 1.7 per share. The total consideration paid for the repurchase was HKD 962,200. This buyback was conducted under the existing repurchase mandate approved on April 19, 2024, which authorizes the company to repurchase up to 526,382,305 shares. As of April 1, 2025, Pacific Basin has repurchased a total of 167,948,000 shares under this mandate. The company stated the repurchase was made in accordance with the Main Board Rules and the Explanatory Statement dated March 14, 2024. Post-repurchase, 5,136,990,146 shares are in issue.

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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