COSCO Shipping Development continues share repurchases

COSCO Shipping Development disclosed its next day disclosure statement on December 9, 2025, detailing share movements for its H-shares (02866) and A-shares (601866). For its H-shares, the company repurchased 1,000,000 shares on December 9, 2025, at prices ranging from HK$ 1.13 to HK$ 1.1364, totaling HK$ 1,136,400. This brings total H-share repurchases to 7,505,000 shares, representing 0.21781% of the company's issued H-shares based on the buyback authorization resolution passed on June 26, 2025. The maximum shares authorized for repurchase stand at 344,567,200.

Several other H-share repurchases for cancellation were reported between November 18 and December 4, 2025, ranging from 221,000 to 3,000,000 shares, with prices between HK$ 1.1131 and HK$ 1.2. The total issued H-shares as of December 9, 2025, remained at 3,445,672,000.

For its A-shares, the company repurchased 500,000 shares on December 9, 2025, on the Shanghai Stock Exchange, at prices between RMB 2.53 and RMB 2.539, for a total consideration of RMB 1,269,692. Multiple A-share repurchases for cancellation were also reported from November 18 to December 4, 2025, ranging from 500,000 to 3,000,000 shares, with prices between RMB 2.53 and RMB 2.6881. The issued A-shares as of December 9, 2025, stood at 9,751,983,820.