COSCO SHIPPING Holdings begins A-share buyback program

COSCO SHIPPING Holdings announced on November 5, 2025, that it initiated its A-share buyback program through the Shanghai Stock Exchange's centralized bidding and trading system. The company repurchased 6,059,095 A-shares, representing 0.0391% of its total share capital, at prices ranging from RMB14.86 to RMB14.98 per share, totaling RMB90,599,524.45 (excluding transaction fees).

This initial buyback aligns with the board's resolution passed on October 13, 2025, and reiterated on October 30, 2025, which set the estimated buyback amount between RMB7.49 bn and RMB14.98 bn. The repurchased shares are intended to maintain company value and shareholder equity.

Additionally, COSCO SHIPPING Holdings repurchased 1,250,000 H-shares on November 5, 2025, through the Hong Kong Stock Exchange at prices between HKD13.32 and HKD13.59 per share, totaling HKD16,792,210. These H-share buybacks are part of a larger authorization, allowing for the repurchase of up to 287,981,950 shares, with 10,250,000 shares already repurchased to date under this mandate.