COSCO SHIPPING Development adds 1.00 million H-share and 0.50 million A-share buybacks; total outstanding shares unchanged at 13.20 billion

Bulletin Express05-28

On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure.

Key takeaways

• Latest H-share repurchase: 1.00 million shares bought on the Hong Kong Exchange at HKD 0.99–1.00 per share, costing HKD 1.00 million.

• Latest A-share repurchase: 0.50 million shares acquired on the Shanghai Exchange at RMB 2.52 per share, totalling RMB 1.26 million.

• Issued share capital unchanged: 3.45 billion H shares and 9.75 billion A shares remained in issue as of 27 May 2026; no new shares were issued and no treasury shares were outstanding.

• Cumulative H-share buybacks: Since the 26 June 2025 mandate, 20.59 million H shares—equivalent to 0.60 % of the company’s H-share base at mandate date—have been repurchased, all earmarked for cancellation.

• Cumulative A-share buybacks: 41.56 million A shares have been repurchased between 18 November 2025 and 27 May 2026, pending cancellation.

• Repurchase headroom: The current mandate authorises up to 344.57 million H-share repurchases; approximately 94 % of that limit remains available.

• Moratorium: In accordance with Hong Kong Listing Rule 10.06, COSCO SHIPPING Development is restricted from issuing new shares for 30 days post-repurchase, i.e., until 26 June 2026.

All repurchases were authorised by the board and executed in line with applicable listing rules and domestic regulations.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142689046?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-28 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1142689046","market":"us","top_or_hot":-1,"title":"COSCO SHIPPING Development adds 1.00 million H-share and 0.50 million A-share buybacks; total outstanding shares unchanged at 13.20 billion","media":"Bulletin Express","content":"<p>On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure.</p>\n<p>Key takeaways</p>\n<p>• Latest H-share repurchase: 1.00 million shares bought on the Hong Kong Exchange at HKD 0.99–1.00 per share, costing HKD 1.00 million.</p>\n<p>• Latest A-share repurchase: 0.50 million shares acquired on the Shanghai Exchange at RMB 2.52 per share, totalling RMB 1.26 million.</p>\n<p>• Issued share capital unchanged: 3.45 billion H shares and 9.75 billion A shares remained in issue as of 27 May 2026; no new shares were issued and no treasury shares were outstanding.</p>\n<p>• Cumulative H-share buybacks: Since the 26 June 2025 mandate, 20.59 million H shares—equivalent to 0.60 % of the company’s H-share base at mandate date—have been repurchased, all earmarked for cancellation.</p>\n<p>• Cumulative A-share buybacks: 41.56 million A shares have been repurchased between 18 November 2025 and 27 May 2026, pending cancellation.</p>\n<p>• Repurchase headroom: The current mandate authorises up to 344.57 million H-share repurchases; approximately 94 % of that limit remains available.</p>\n<p>• Moratorium: In accordance with Hong Kong Listing Rule 10.06, COSCO SHIPPING Development is restricted from issuing new shares for 30 days post-repurchase, i.e., until 26 June 2026.</p>\n<p>All repurchases were authorised by the board and executed in line with applicable listing rules and domestic regulations.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COSCO SHIPPING Development adds 1.00 million H-share and 0.50 million A-share buybacks; total outstanding shares unchanged at 13.20 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOSCO SHIPPING Development adds 1.00 million H-share and 0.50 million A-share buybacks; total outstanding shares unchanged at 13.20 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-28 19:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure.</p>\n<p>Key takeaways</p>\n<p>• Latest H-share repurchase: 1.00 million shares bought on the Hong Kong Exchange at HKD 0.99–1.00 per share, costing HKD 1.00 million.</p>\n<p>• Latest A-share repurchase: 0.50 million shares acquired on the Shanghai Exchange at RMB 2.52 per share, totalling RMB 1.26 million.</p>\n<p>• Issued share capital unchanged: 3.45 billion H shares and 9.75 billion A shares remained in issue as of 27 May 2026; no new shares were issued and no treasury shares were outstanding.</p>\n<p>• Cumulative H-share buybacks: Since the 26 June 2025 mandate, 20.59 million H shares—equivalent to 0.60 % of the company’s H-share base at mandate date—have been repurchased, all earmarked for cancellation.</p>\n<p>• Cumulative A-share buybacks: 41.56 million A shares have been repurchased between 18 November 2025 and 27 May 2026, pending cancellation.</p>\n<p>• Repurchase headroom: The current mandate authorises up to 344.57 million H-share repurchases; approximately 94 % of that limit remains available.</p>\n<p>• Moratorium: In accordance with Hong Kong Listing Rule 10.06, COSCO SHIPPING Development is restricted from issuing new shares for 30 days post-repurchase, i.e., until 26 June 2026.</p>\n<p>All repurchases were authorised by the board and executed in line with applicable listing rules and domestic regulations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02866","symbol_name":"中远海发","start_time":0,"source_url":"","article_id":"1142689046","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142689046","pubTimestamp":1779966171,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02866":"中远海发"},"translate_title":"中远海运发展增加100.00万股H股和0.50万股A股回购；流通股总数维持在132亿股不变","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02866":1},"content_text":"On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure.\nKey takeaways\n• Latest H-share repurchase: 1.00 million shares bought on the Hong Kong Exchange at HKD 0.99–1.00 per share, costing HKD 1.00 million.\n• Latest A-share repurchase: 0.50 million shares acquired on the Shanghai Exchange at RMB 2.52 per share, totalling RMB 1.26 million.\n• Issued share capital unchanged: 3.45 billion H shares and 9.75 billion A shares remained in issue as of 27 May 2026; no new shares were issued and no treasury shares were outstanding.\n• Cumulative H-share buybacks: Since the 26 June 2025 mandate, 20.59 million H shares—equivalent to 0.60 % of the company’s H-share base at mandate date—have been repurchased, all earmarked for cancellation.\n• Cumulative A-share buybacks: 41.56 million A shares have been repurchased between 18 November 2025 and 27 May 2026, pending cancellation.\n• Repurchase headroom: The current mandate authorises up to 344.57 million H-share repurchases; approximately 94 % of that limit remains available.\n• Moratorium: In accordance with Hong Kong Listing Rule 10.06, COSCO SHIPPING Development is restricted from issuing new shares for 30 days post-repurchase, i.e., until 26 June 2026.\nAll repurchases were authorised by the board and executed in line with applicable listing rules and domestic regulations.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142689046","isCrawlerRequest":true}