COSCO SHIP DEV repurchases 1.50 million A shares; cumulative buyback reaches 32.88 million shares, 0.34% of outstanding stock

Bulletin Express04-30

COSCO SHIPPING Development Co., Ltd. (COSCO SHIP DEV) disclosed a Next Day Return for 30 April 2026, detailing the continuation of its on-market share repurchase programme on the Shanghai Stock Exchange.

Key points

• Latest transaction: On 30 April 2026 the company bought back 1.50 million A shares at an average price of RMB 2.669, involving a cash outlay of RMB 4.00 million.

• Share capital unchanged: The total number of issued shares remains at 9.75 billion. No treasury shares were held at the close of the reporting date.

• Programme to date: From 18 November 2025 to 30 April 2026 the company has repurchased but not yet cancelled 32.88 million A shares, equivalent to approximately 0.34% of current issued share capital.

• Price range: Repurchase prices during the period have ranged between RMB 2.43 and RMB 2.9992 per share.

The board confirms that all repurchases complied with relevant regulations of the Hong Kong Stock Exchange and the Shanghai Stock Exchange.

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