China International Marine Containers repurchases H-shares for HK$23.37m
China International Marine Containers (Group) Co., Ltd. announced a repurchase of its H-shares on September 25, 2025. The company bought back 3,039,700 H-shares on the Hong Kong Stock Exchange at prices ranging from HK$7.59 to HK$7.91 per share, totaling HK$23,367,215. These shares are intended to be held as treasury shares, increasing the number of treasury shares from 21,737,700 to 24,777,400.
The repurchase represents approximately 0.1% of the company's total issued H-shares (excluding treasury shares) before the transaction. Following this event, the total number of issued H-shares (excluding treasury shares) stands at 3,065,060,495. The repurchased shares account for 0.8% of the total shares authorized for repurchase, based on a resolution passed on May 15, 2025, which permitted the buyback of up to 308,983,789 shares.
This transaction brings the cumulative number of shares repurchased under the current authorization to 24,777,400. The company has also set a temporary cessation period for new share issuance or re-disposal of treasury shares, which will conclude on October 25, 2025. This repurchase activity aligns with the company's capital management strategy, as detailed in its next day disclosure report.
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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