Pacific Basin Shipping continues buyback program, repurchases 110,000 shares

Pacific Basin Shipping Limited disclosed its latest share repurchase activities as of November 18, 2025. On this date, the company repurchased 110,000 ordinary shares on the Exchange at a price of HK$2.63 per share, totaling an aggregate price paid of HK$289,300. These shares are intended for cancellation.

The repurchases were executed under a mandate granted on April 25, 2025, which initially authorized the issuer to repurchase up to 513,699,014 shares. With the latest buyback, the total number of shares repurchased under this mandate now stands at 58,447,000. This represents 1.1378% of the issued shares (excluding treasury shares) as at the date the mandate was granted.

The closing balance of issued shares (excluding treasury shares) for Pacific Basin Shipping Limited remains at 5,208,363,803 as of November 18, 2025. The company also confirmed that these repurchases were made in accordance with Main Board Rules.