COSCO SHIPPING Holdings continues share buyback program

COSCO SHIPPING Holdings Limited (SSE:601919) announced continued buyback activity, acquiring an additional 232,000 A-shares on the Shanghai Stock Exchange on March 10, 2025, at prices ranging from RMB 13.59 to RMB 13.69 per share, for a total consideration of RMB 3,165,920. This follows a series of daily share repurchases throughout late 2024 and early 2025. As of March 10, 2025, the company's issued share capital (excluding treasury shares) stands at 12,761,906,166. The company confirms that the buybacks comply with exchange regulations and that information previously submitted remains materially unchanged. The repurchased shares will be cancelled and the shares were bought with the intention of enhancing shareholder value.