Cosco Shipping Development repurchases shares, aims for cancellation

COSCO SHIPPING Development Co., Ltd. (SSE:601866) announced the repurchase of 1,714,700 A-shares on February 28, 2025, via trading on the Shanghai Stock Exchange, at an average price of RMB 2.3383 per share, costing the firm RMB 4,009,545. This repurchase is part of an ongoing plan to acquire shares for cancellation. As of February 28, the company's total number of issued shares including treasury shares is 9,899,938,612.