On 5 May 2026, COSCO SHIPPING Holdings Co., Ltd. disclosed a new share buyback under its ongoing repurchase mandate. Key points are as follows:
• Latest transaction: 1.75 million H shares were repurchased on the Hong Kong Stock Exchange at prices between HKD 14.72 and HKD 14.92, for a total consideration of HKD 25.97 million. All shares are designated for cancellation.
• Cumulative activity: Since the current mandate was approved on 28 May 2025, the company has bought back 14.45 million H shares, equivalent to 0.50% of the 2.88 billion shares outstanding on the mandate date. The mandate permits repurchases of up to 287.98 million shares.
• Shares pending cancellation: Eight repurchase tranches executed between 23 March and 5 May 2026 remain uncancelled, totalling 14.45 million shares.
• Share capital position: Issued share capital stood at 2.76 billion H shares as of 5 May 2026, unchanged until the pending cancellations are effected.
• Regulatory window: Under Hong Kong listing rules, COSCO SHIPPING is restricted from issuing new shares until 4 June 2026 following the latest buyback.
The company confirmed that all repurchases complied with Hong Kong Stock Exchange regulations and the terms of the 2025 explanatory statement.
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