COSCO SHIPPING Holdings repurchases 53.6m H shares

COSCO SHIPPING Holdings has disclosed extensive share buyback activities for its H shares in late 2025. Between October 31 and November 27, 2025, the company repurchased a total of 53,598,000 shares on the Hong Kong Stock Exchange. The aggregate cost for these buybacks amounted to HK$18,702,200 for the shares repurchased on November 27, 2025, alone, with a daily average repurchase price ranging from HK$13.18 to HK$14.38.

The repurchased shares are intended for cancellation, reducing the total outstanding shares. As of November 27, 2025, the company's total issued shares (excluding treasury shares) stood at 2,879,819,500. The total number of shares bought back under the current authorization represents 1.8612% of the company's issued shares as of the resolution approval date of May 28, 2025.

The company's board formally authorized these buybacks, with the current buyback mandate allowing for the repurchase of up to 287,981,950 shares. The buyback program for these shares is set to conclude by December 27, 2025.