COSCO SHIP HOLD buys back 2.49 million H-shares; 2026 repurchases reach 32.40 million shares

Bulletin Express05-15 17:22

Hong Kong, 15 May 2026 – COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) has disclosed the purchase of 2.49 million H-shares on 15 May 2026 through on-market transactions, paying an aggregate HKD 36.89 million at prices ranging from HKD 14.74 to HKD 15.08 per share. The shares are intended for cancellation.

Including this latest transaction, the company has repurchased 32.40 million H-shares between 23 March and 15 May 2026 under the mandate granted on 28 May 2025. The cumulative buyback represents 1.13 % of the issued share base on the mandate date and utilises roughly 11 % of the 287.98 million-share authorisation, leaving around 255.59 million shares available for future repurchase.

Despite the buybacks, COSCO SHIP HOLD’s issued share capital remains at 2.76 billion shares, as the repurchased stock had not yet been cancelled as of 15 May 2026. In accordance with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or treasury share sales until 14 June 2026.

The board confirmed that all repurchases complied with the HKEX Main Board Rules, with no changes to the explanatory statement filed on 8 May 2025.

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