Cosco Shipping Development discloses share issuance and buyback

COSCO SHIPPING Development (SSE:601866) filed a disclosure on April 28, 2025, detailing changes in its issued and treasury shares. The report indicates an increase in issued A-shares to 9,827,718,112. The company also reported repurchasing shares for cancellation, with transactions occurring between April 9 and April 28, 2025. The individual buyback prices ranged between RMB 2.24 and RMB 2.29 per share. Specifically, on April 28, COSCO SHIPPING Development repurchased 500,000 shares at an average price of RMB 2.2651 on the Shanghai Stock Exchange, totaling RMB 1,132,574. The repurchased shares will be held for cancellation. The disclosure confirms these transactions comply with relevant regulations and previous announcements, and that no material changes have occurred since the date of the relevant mandate.