COSCO SHIPPING repurchases shares, maintains issued share count

COSCO SHIPPING Holdings (SSE:601919) announced a repurchase of shares on February 26, 2025, while keeping the total number of issued shares constant at 12,761,906,166. The repurchased shares, numbering 530,000, were acquired on the Shanghai Stock Exchange at prices between RMB 13.79 and RMB 13.88 per share, resulting in a total expenditure of RMB 7,325,130. These shares will be canceled, reducing the potential for dilution. The company confirmed that the share repurchase adhered to exchange rules and that information in the prior disclosure remained accurate. The number of shares authorized for repurchase and the percentage of those shares that have been repurchased were not changed.