COSCO SHIPPING Holdings sees no Q3 2025 stock option exercises

COSCO SHIPPING Holdings announced that its stock option incentive plan experienced no exercises by eligible participants during the third quarter of 2025. Consequently, the total number of exercised shares for the period was 0, with no shares requiring registration or impacting market circulation. This lack of activity meant no changes to the company's share capital structure or the number of outstanding shares.

The company's stock option plan, implemented through various board and shareholder resolutions between December 2018 and July 2020, has undergone several adjustments to exercise prices and option quantities in prior periods due to dividend distributions and capital reserve transfers. Most recently, adjustments were made to the exercise prices in December 2022, setting them at RMB 1.00 per share for both the initial and reserved grants.

The total number of exercisable options for the third exercise period of the initial grant was 71,191,616 shares, while the third exercise period of the reserved grant had 6,552,563 exercisable shares. Despite these available options, no participants chose to exercise their stock options in Q3 2025, resulting in no new shares being issued.