FilingReader Intelligence
Cosco Shipping Development announces A-share repurchase plan
April 9, 2025 at 05:20 AM UTC•By FilingReader AI
COSCO SHIPPING Development (SSE:601866) announced a plan to repurchase its A-shares through centralized bidding, aiming to enhance shareholder value. The repurchase will involve a total of 40 million to 80 million shares, with a price cap of CNY 3.53 per share. The total funds allocated for the repurchase are estimated between CNY 141.20 million and CNY 282.40 million, sourced from the company's own funds or self-raised funds.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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