FilingReader Intelligence

Cosco Shipping continues buyback program amid disclosures

February 24, 2025 at 01:04 PM UTCBy FilingReader AI

COSCO SHIPPING Holdings (SSE:601919) has recently filed multiple announcements detailing its ongoing share buyback activities and adherence to disclosure requirements. The primary filing indicates that financial statements will be disclosed the following day. Simultaneously, related filings reveal the company's continued buyback of both A-shares and H-shares. Specifically, on February 17, 2025, the company repurchased 1,634,500 A-shares on the Shanghai Stock Exchange, and on February 18, 2025, an additional 2,808,000 A-shares. As of February 19, 2025, COSCO SHIPPING repurchased 852,000 A shares. On February 20, 2025, it repurchased 1,786,752 A shares and on February 21, 2025, it purchased 1,100,000 A shares. These buybacks are conducted "at other securities exchanges." The consistent buyback activity, coupled with timely disclosures, underscores COSCO SHIPPING's commitment to enhancing shareholder value while maintaining transparency in its operations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601919Shanghai Stock Exchange
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