Pacific Basin Shipping repurchases shares, total climbs to 31 million

Pacific Basin Shipping Limited submitted a Next Day Disclosure Return on September 15, 2025, detailing recent share repurchase activities. The company repurchased 1,934,000 ordinary shares on the Exchange on September 15, 2025, at prices ranging from HK$2.46 to HK$2.48 per share, with an aggregate price paid of HK$4,778,140.4.

These repurchases contribute to a total of 1,934,000 shares repurchased for cancellation as of the reporting date. Earlier repurchases for cancellation included 10,000 shares on September 10, 2025, at HK$2.35 and 4,000,000 shares on September 12, 2025, at a volume-weighted average price of HK$2.4386. The company’s closing balance of issued shares remained at 5,224,307,803 as of September 15, 2025, with zero treasury shares.

The repurchase mandate was granted on April 25, 2025, authorizing the repurchase of up to 513,699,014 shares. The 31,006,000 shares repurchased to date represent 0.6036% of the issued shares (excluding treasury shares) as at the date of the resolution.