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CIMC Group reduces H-share count through recent buyback

September 18, 2025 at 05:20 PM UTCBy FilingReader AI

China International Marine Containers (Group) Co., Ltd. disclosed on September 18, 2025, that it repurchased 1,247,200 H-shares on the Hong Kong Stock Exchange. This buyback occurred at prices ranging from HKD 7.8 to HKD 8 per share, totaling HKD 9,892,728. The repurchased shares are being held as treasury stock.

Prior to the buyback, the company's H-share count (excluding treasury shares) stood at 3,077,271,295 on September 17, 2025. Following the repurchase, the number of H-shares (excluding treasury shares) decreased by 1,247,200, representing 0.04% of the previously existing H-shares. The total H-shares (including treasury shares) remained at 3,089,837,895. The company's treasury shares increased from 12,566,600 to 13,813,800.

The company's mandate for share repurchases was approved on May 15, 2025, allowing for the buyback of up to 308,983,789 shares. To date, 13,813,800 shares have been repurchased under this authorization, representing 0.45% of the shares outstanding at the time of the resolution. The company confirmed that this buyback was conducted in accordance with relevant listing rules.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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