COSCO SHIPPING Development details recent share buybacks

COSCO SHIPPING Development Co. Ltd. announced repurchases of its H-shares and A-shares, with several transactions occurring in late November and early December 2025. On December 3, 2025, 500,000 H-shares were repurchased on the exchange at a price of HK$1.16 per share, totaling HK$580,000. Additionally, 500,000 A-shares were repurchased on another stock exchange at RMB 2.55 per share, amounting to RMB 1,275,000.

These repurchases contribute to a series of buybacks, with H-shares repurchased for cancellation including 3,000,000 shares on November 18, 2025 (HK$1.2), and 1,500,000 shares on November 21, 2025 (HK$1.1131). For A-shares, earlier repurchases included 3,000,000 shares on November 18, 2025 (RMB 2.6881), and 1,500,000 shares on November 21, 2025 (RMB 2.5487).

As of December 3, 2025, the total number of issued H-shares remains at 3,445,672,000, and A-shares at 9,751,983,820, reflecting that the repurchased shares have not yet been cancelled. The company is authorized to repurchase up to 344,567,200 H-shares under a mandate dated June 26, 2025.