China Merchants Port Group updates share repurchase progress

China Merchants Port Group Co. (SZSE:001872) announced an update on its share repurchase program as of August 31, 2025. The company has cumulatively repurchased 17,597,296 shares, representing 0.703% of its total share capital.

The repurchased shares were acquired at prices between 17.95 yuan and 20.99 yuan per share, totaling 343,094,105.82 yuan, including stamp duty and trading commissions. The company confirmed that the repurchases comply with the approved plan and relevant regulations.

The share repurchase program was approved by the board on October 18, 2024, and by shareholders on October 29, 2024. The plan permits repurchases using company funds, with all shares intended for cancellation to reduce registered capital. The total funds allocated are between 195,000,000 yuan and 389,000,000 yuan, with a maximum repurchase price of 31.50 yuan per share. The program's implementation period is 12 months from shareholder approval.