Cosco Shipping Development repurchases shares, maintains holdings

COSCO SHIPPING Development (SSE:601866) announced a share repurchase activity on May 28, 2025, according to a filing with the Hong Kong Stock Exchange. The company repurchased 500,000 shares on the Shanghai Stock Exchange at a cost of RMB1,275,000. The price per share ranged from RMB2.52 to RMB2.55. As a result, the number of shares to be cancelled increased by 500,000. After the repurchase, the total number of issued shares of the company remains at 9,827,718,112. The repurchase was conducted under applicable rules and regulations, and the company's board of directors had approved the transaction.