Cosco Shipping Development repurchases shares in dual market activities

COSCO SHIPPING Development (SSE:601866) announced that it repurchased 4,300,000 H shares on the Hong Kong Stock Exchange for a total consideration of HKD 4,171,000 on May 30, 2025, with per-share prices ranging from HKD 0.97. The company also repurchased 2,600,000 A shares on the Shanghai Stock Exchange for RMB 6,528,094. The cumulative number of shares repurchased under the authorization is 195,113,000. The share repurchase activities are in line with the previously approved repurchase mandate, as resolved on June 28, 2024.