Pacific Basin Shipping reduces issued share capital by 23.7m shares

Pacific Basin Shipping Limited disclosed a reduction in its total number of issued shares through a share repurchase and subsequent cancellation. As of December 5, 2025, the company's issued share capital decreased from an opening balance of 5,190,464,803 shares on November 30, 2025, to a closing balance of 5,166,725,803 shares.

This change resulted from the repurchase and cancellation of 23,739,000 ordinary shares. The repurchased shares, acquired between November 20, 2025, and November 25, 2025, were cancelled at an average price of HK$2.6025 per share. This repurchase represents a 0.457% decrease from the company's existing issued shares before the event.