COSCO Shipping Development continues share repurchases

COSCO Shipping Development, a company listed on the Hong Kong Stock Exchange, disclosed its share repurchases for the period ending December 19, 2025. The company confirmed no change in its total issued share capital, maintaining 3,445,672,000 shares.

On December 19, 2025, COSCO Shipping Development repurchased 1,000,000 shares at a price of HK$1.06 per share, totaling HK$1,060,000. These repurchased shares are designated for cancellation but remain outstanding as of the disclosure date. This specific repurchase represents approximately 0.02902% of the company’s issued shares as of December 18, 2025.

The latest repurchase contributes to a series of buybacks conducted since November 18, 2025. Previous transactions included 3,000,000 shares on November 18, 2025, and 1,500,000 shares on December 18, 2025. The total number of shares repurchased under the current authorization stands at 12,005,000, representing 0.34841% of the shares issued at the time the buyback resolution was passed on June 26, 2025. The buyback authorization is effective until January 18, 2026.