FilingReader Intelligence

Pacific Basin Shipping continues share buyback, repurchases HK$2.97m on November 6

November 6, 2025 at 09:53 AM UTCBy FilingReader AI

Pacific Basin Shipping Limited reported ongoing share repurchase activities as of November 6, 2025. The company repurchased 1,131,000 ordinary shares on the Exchange on November 6, 2025, at HK$2.63 per share, with an aggregate price paid of HK$2,974,530. All shares repurchased on this date are intended for cancellation.

This recent repurchase adds to several other transactions throughout late October and early November. On October 23, 2025, 52,000 shares were repurchased at HK$2.50. Further repurchases included 35,000 shares on October 24, 2025, at HK$2.52; 8,000 shares on October 27, 2025, at HK$2.53; 10,000,000 shares on November 4, 2025, at HK$2.6092; and 5,159,000 shares on November 5, 2025, at HK$2.6243. As of the closing balance date of November 6, 2025, the total number of issued shares remains at 5,208,363,803, with 1,131,000 shares repurchased for cancellation but not yet cancelled.

The company's repurchase mandate, granted on April 25, 2025, authorized the repurchase of up to 513,699,014 shares. To date, 57,391,000 shares have been repurchased on the Exchange under this mandate, representing 1.1172% of the issued shares as at the date of the resolution.

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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