Pacific Basin (02343) Announces No Change in Issued Shares and Further Repurchase Details

Bulletin Express11-21

Pacific Basin Shipping Limited (stock code: 02343) disclosed that as of 21 November 2025, its issued share capital remained at 5,208,363,803 shares, unchanged from the balance on 20 November 2025. The company reported ongoing share repurchases for cancellation that took place between 23 October 2025 and 21 November 2025, summing to 33,899,000 shares with various repurchase prices ranging approximately from HKD 2.50 to HKD 2.63 per share.

On 21 November 2025, Pacific Basin Shipping Limited repurchased 8,000,000 shares on the Stock Exchange at a price as high as HKD 2.63 per share, with a total consideration of HKD 20,939,200. According to the announcement, the total number of shares the company is authorized to repurchase is 513,699,014, and as of this notice, 74,905,000 shares have been repurchased under the current mandate, representing about 1.4581% of the issued shares at the time the repurchase authority was granted.

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