Cosco Shipping Holdings begins H share repurchases, plans A share buyback

Cosco Shipping Holdings announced on November 4, 2025, that as of October 31, 2025, it had not yet initiated its A-share repurchase plan. This plan, approved on October 13, 2025, with an estimated repurchase amount between RMB 749 million and RMB 1.498 billion, aims to maintain company value and shareholder interests within three months of approval. The company confirms it will proceed with A-share repurchases based on market conditions.

Separately, the company has begun repurchasing H shares, acquiring 4,500,000 H shares on November 4, 2025, at prices ranging from HK$ 13.6 to HK$ 13.96. The total cost for these H shares amounted to HK$ 61,704,955. This follows previous H-share repurchases of 3,000,000 shares on October 31, 2025, and 1,500,000 shares on November 3, 2025, with an overall total of 9,000,000 H shares repurchased under the current authorization. All repurchased H shares are slated for cancellation, underscoring the company's efforts to manage its capital structure.