FilingReader Intelligence

Pacific Basin Shipping repurchases shares on the exchange

June 19, 2025 at 05:05 PM UTCBy FilingReader AI

On June 19, 2025, Pacific Basin Shipping Limited repurchased 19,000,000 of its own ordinary shares on the Hong Kong Stock Exchange. The shares were repurchased at prices ranging from HKD 2.02 to HKD 2.07 per share. The aggregate price paid for the repurchase totaled HKD 38,606,100. The company confirmed that the repurchases align with exchange rules and the details provided in the explanatory statement dated April 2, 2025, and that the company has had no material changes to the aforementioned statement. Before this repurchase, the total number of shares authorized for repurchase was 513,699,014, of which 25,062,000 had already been repurchased, representing 0.4879% of issued shares.

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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