COSCO SHIPPING Development details recent share buybacks

COSCO SHIPPING Development Co., Ltd. submitted a next day disclosure report on November 20, 2025, detailing recent movements in its H-shares and A-shares. For its H-shares, the company repurchased 500,000 shares on November 20, 2025, at prices ranging from HK$ 1.15 to HK$ 1.1598, with a total expenditure of HK$ 579,910. These shares are intended for cancellation. The total number of H-shares repurchased under the current mandate stands at 3,500,000, representing 0.10158% of the issued H-shares as of the resolution date of June 26, 2025. Following these transactions, the total outstanding H-shares remain at 3,445,672,000.

Similarly, for its A-shares, COSCO SHIPPING Development executed further buybacks. On November 18, 2025, 3,000,000 A-shares were repurchased at RMB 2.6881, and on November 19, 2025, 500,000 A-shares were bought back at RMB 2.64. The company continued its A-share buyback program on November 20, 2025, repurchasing an additional 500,000 shares at RMB 2.61, totaling RMB 1,305,000 for that day’s transaction. These repurchased A-shares are also designated for cancellation. The aggregate A-shares outstanding after these transactions remains at 9,751,983,820.

The company confirmed that all share repurchases were conducted in accordance with the listing rules and the board’s authorization. The repurchase mandate for A-shares, also approved on June 26, 2025, allows for a total of 344,567,200 shares to be repurchased.