CIMC repurchases HK$8.7m of H-shares under buyback mandate

China International Marine Containers Group repurchased 1.26 million H-shares on July 18 at prices ranging from HK$6.7 to HK$7.02 per share, totaling HK$8.69 million.

The buyback reduced the company's issued shares to 3.08 billion while increasing treasury stock to 8.61 million shares. The repurchases are part of a mandate approved in May allowing buybacks of up to 309 million shares.