COSCO Shipping Holdings announces significant share buyback, reducing capital

COSCO Shipping Holdings Limited announced a significant share buyback on December 12, 2025, acquiring 4,461,000 H shares. The buyback was executed on the Hong Kong Stock Exchange with prices ranging from HK$13.38 to HK$13.82 per share, totaling an expenditure of HK$60,860,515. This transaction alters the company's issued share capital as the repurchased shares are intended for cancellation.

Prior to this latest buyback, the company's issued capital stood at 2,879,819,500 shares as of December 11, 2025. Following the December 12 buyback, the total issued shares are expected to decrease by 4,461,000, bringing the new total to 2,875,358,500 shares. The buyback represents approximately 0.1549% of the existing issued shares before this event.

The company's authority to repurchase shares was approved on May 28, 2025, allowing for a total of 287,981,950 shares to be bought back. As of December 12, 2025, COSCO Shipping Holdings has repurchased 86,004,000 shares under this authorization, representing 2.9864% of the issued shares at the time of the resolution. The temporary suspension period for further share-related activities post-buyback is set until January 11, 2026.