Pacific Basin repurchases and cancels 8.00 million shares, issued capital down 0.16%

Bulletin Express07-13

Pacific Basin Shipping Limited disclosed a Next Day Disclosure Return on 13 July 2026, confirming the cancellation of 8.00 million ordinary shares repurchased on the same day at a volume-weighted average price of HKD 2.8606 per share.

The transaction reduced the company’s issued share count from 5.17 billion to 5.16 billion, a decline of approximately 0.155%. No treasury shares were held before or after the cancellation, and there are no outstanding shares pending cancellation.

The filing was signed by Company Secretary Mok Kit Ting Kitty and released under Hong Kong Listing Rule 13.25A, which requires prompt disclosure of material changes in issued share capital.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment