Cosco Shipping Holdings continues share buyback program

COSCO SHIPPING Holdings announced it repurchased 6,173,500 H-shares on the Hong Kong Stock Exchange on May 27, 2025. The shares were bought back at prices ranging from HKD 14.28 to HKD 14.82 per share, with a total consideration of HKD 89,841,380. The buyback was executed under the existing mandate, bringing the total number of shares repurchased to 319,960,500, representing 9.9995% of the company's issued share capital as of May 29, 2024, when the buyback mandate was approved. The company noted that it cannot issue new shares or transfer any treasury shares until June 26, 2025.