COSCO SHIPPING Holdings continues share repurchase program

COSCO SHIPPING Holdings (SSE:601919) announced continued share repurchase activity on May 6, 2025. The company repurchased 3,570,000 A-shares on the Shanghai Stock Exchange at prices ranging from RMB 11.78 to RMB 12.16, for a total consideration of RMB 42,923,910. Additionally, the company repurchased 3,108,806 H-shares on the Hong Kong Stock Exchange at prices ranging from HKD 14.41 to HKD 14.55, totaling HKD 45,077,863.12. These repurchases are part of previously announced repurchase mandates. As of the date, the company has repurchased 245,473,500 shares, representing 7.6716% of the shares as of resolution passed on May 29, 2024.