COSCO SHIPPING completes buyback, cancels H shares

COSCO SHIPPING Holdings (SSE:601919) announced today that 227,960,500 H shares repurchased between October 31, 2024, and March 28, 2025, have been canceled as of April 9, 2025, reducing the number of issued H shares to 2,971,819,500. Additionally, the company reported ongoing share buybacks on both the Shanghai and Hong Kong stock exchanges on April 30. COSCO SHIPPING repurchased 4,000,000 A shares on the Shanghai exchange at a price between RMB 14.34 and RMB 14.59 for a total of RMB 57,791,193 and 12,971,500 H shares on the Hong Kong exchange at a price between HKD 11.4 and HKD 11.76 for a total of HKD 150,852,060.