COSCO Shipping Development announces recent H-share and A-share buybacks

COSCO Shipping Development Co., Ltd. disclosed significant share buybacks in its latest report dated December 11, 2025. The company repurchased 500,000 H-shares on the Hong Kong Stock Exchange at HK$1.1 per share, totaling HK$550,000. These H-share buybacks contribute to an accumulated 8,505,000 shares repurchased under the current authorization, representing 0.24683% of the company's H-shares as of the resolution approval date of June 26, 2025.

In addition to H-shares, the company also executed repurchases of its A-shares on the Shanghai Stock Exchange. On December 11, 2025, 800,000 A-shares were bought back at 2.5025 yuan per share, amounting to 2,002,000 yuan. These A-shares are intended for cancellation, as are other previously bought-back shares. The company’s total outstanding H-shares remained at 3,445,672,000 as of December 11, 2025, while its A-shares stood at 9,751,983,820.

The report also detailed several earlier buyback transactions for A-shares that are yet to be cancelled. For instance, on December 10, 2025, 500,000 A-shares were repurchased at 2.52 yuan per share, and on December 9, 2025, another 500,000 A-shares were bought back at 2.539 yuan per share. These actions underscore the company's ongoing strategy of share repurchases, with a temporary suspension period on new issuances or transfers of treasury shares set to expire on January 10, 2026.