COSCO Shipping Development reports dual-market share buybacks

COSCO Shipping Development completed significant share repurchase activities on November 27, 2025. For its H-shares, the company repurchased 221,000 shares at HK$1.14 per share, totaling HK$251,940. These shares will be cancelled, reducing the number of issued H-shares to 3,445,672,000. This buyback represents 0.00641% of the existing H-shares before the event.

Concurrently, the company repurchased 500,000 A-shares on the Shanghai Stock Exchange at RMB 2.53 per share, amounting to RMB 1,265,000. These A-shares are also designated for cancellation, bringing the total issued A-shares to 9,751,983,820. This A-share buyback constitutes 0.00513% of the existing A-shares prior to the transaction.

The repurchases are part of a larger authorization, with COSCO Shipping Development having bought back a total of 5,221,000 shares under the current mandate, representing 0.15152% of the issued shares at the time the authorization was approved on June 26, 2025.