COSCO Shipping Development reports latest share buyback activities

COSCO Shipping Development Co., Ltd. has reported a series of share repurchases for cancellation, totaling 500,000 A shares on December 12, 2025. These shares were bought on another stock exchange at a volume-weighted average price of RMB2.4769 per share. The highest and lowest repurchase prices were RMB2.4769 and RMB2.47 respectively, amounting to an aggregate price paid of RMB1,238,467.

This latest transaction follows a period of continuous buybacks from November 18, 2025, to December 12, 2025. Over this period, the company repurchased varying quantities of shares daily, ranging from 500,000 to 3,000,000 shares on different dates. The prices paid for these repurchases varied, with individual transactions ranging from RMB2.4769 to RMB2.6881 per share. The total number of shares repurchased for cancellation by the closing balance date is 500,000.

The opening balance of issued shares (excluding treasury shares) as of December 11, 2025, was 9,751,983,820. Following the latest repurchase on December 12, 2025, the closing balance remains unchanged as the repurchased shares are yet to be formally cancelled.