COSCO Shipping Holdings repurchases shares on Hong Kong, Shanghai exchanges

COSCO SHIPPING Holdings Co., Ltd. announced a series of share repurchases on the Hong Kong Stock Exchange, totaling 3,000,000 H shares on November 24, 2025. These repurchases were executed at prices ranging from HK$13.41 to HK$13.56, with an aggregate cost of HK$40,350,000. These shares are intended for cancellation, reflecting a consistent strategy of capital management. The opening balance of H shares as of November 21, 2025, was 2,879,819,500.

In addition to the Hong Kong repurchases, the company also repurchased 9,466,500 A shares on the Shanghai Stock Exchange on November 24, 2025. These A shares were bought back at prices between RMB 14.86 and RMB 14.98, amounting to an aggregate cost of RMB 141,355,078.96. The opening balance of A shares as of November 21, 2025, was 12,609,935,239. These repurchased A shares are also designated for cancellation.

The total number of shares authorized for repurchase under the mandate granted on May 28, 2025, is 287,981,950. As of November 24, 2025, the company has repurchased 46,188,000 shares, representing 1.6039% of the issued shares (excluding treasury shares) at the date of the resolution. A moratorium period for new share issues or treasury share sales is in effect until December 24, 2025.