COSCO SHIPPING Holdings repurchases 4.5m H shares for HK$61.7m
COSCO SHIPPING Holdings announced on November 4, 2025, a significant repurchase of its H shares. On this date, the company bought back 4,500,000 shares on the Hong Kong Stock Exchange at prices ranging from HK$13.6 to HK$13.96 per share, with an average price of HK$13.71. The total expenditure for this buyback amounted to HK$61,704,955. These repurchased shares are intended for cancellation.
This recent buyback contributes to a total of 9,000,000 shares repurchased under the current mandate, which was approved on May 28, 2025. The total shares repurchased represent 0.3125% of the company's issued shares (excluding treasury shares) as of the resolution's approval date. The company also disclosed previous buybacks on October 31, 2025, and November 3, 2025, involving 3,000,000 and 1,500,000 shares, respectively.
As of November 4, 2025, the total number of issued H shares (excluding treasury shares) for COSCO SHIPPING Holdings remains at 2,879,819,500. The company confirmed that all repurchases were conducted in accordance with the Listing Rules and that no new shares would be issued or treasury shares sold within 30 days of the buyback without prior exchange approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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