Cosco Shipping Development reports share repurchases in June 2025

COSCO Shipping Development Co., Ltd. (HKEX:2866) has filed a Next Day Disclosure Return, revealing changes in its issued shares due to ongoing repurchase activity. The report details a series of share repurchases throughout May and June 2025, with the latest repurchase on June 2, 2025, involving 543,000 shares at prices ranging from HKD0.95 to HKD0.9515. This activity brings the total number of shares repurchased to 195,656,000, representing 5.32252% of the issued shares as of the resolution date on June 28, 2024. The company confirmed that these repurchases align with exchange regulations and the details in their explanatory statement. The company's total issued shares stands at 3,528,899,000. A moratorium on new share issues or treasury share sales is in effect until July 2, 2025.