Cosco Shipping Development discloses share issuance and buyback activities

COSCO SHIPPING Development announced a change in its issued share capital, noting that as of June 17, 2025, the total number of issued shares, excluding treasury shares, stood at 9,798,993,820 with 28,724,292 treasury shares, resulting in a total of 9,827,718,112 issued shares. The company repurchased shares in previous months for cancellation but not yet canceled. Details from April 9, 2025 to June 17, 2025, show varying amounts and repurchase prices in RMB. On June 17, 2025, the company repurchased 250,000 shares through the Shanghai Stock Exchange at a price of RMB 2.48 per share for a total consideration of RMB 620,000. The repurchased shares are intended for cancellation, aligning with relevant regulations.