COSCO SHIPPING Holdings Reacquires 21.20 million A-Shares in July; Outstanding Share Count Steady at 12.56 billion

Bulletin Express07-21

COSCO SHIPPING Holdings Co., Ltd. (abbrev. “COSCO SHIPPING Holdings”) filed a Next Day Disclosure Return on 21 July 2026, detailing the latest progress of its A-share buyback programme conducted on the Shanghai Stock Exchange (SSE).

Between 7 July and 21 July 2026 the company repurchased a cumulative 21.20 million A-shares earmarked for cancellation. The transactions represent approximately 0.17% of the 12.56 billion issued A-shares outstanding before the buybacks. Based on the disclosed daily average prices, COSCO SHIPPING Holdings spent about RMB301.57 million, implying a volume-weighted average repurchase price of roughly RMB14.23 per share.

Latest trading day action: • 21 July 2026 – repurchase of 1.50 million A-shares on the SSE at prices ranging from RMB14.77 to RMB15.07 per share, for a total consideration of RMB22.36 million.

Capital structure: • Opening balance (20 July 2026): 12.56 billion issued shares. • Closing balance (21 July 2026): 12.56 billion issued shares. The repurchased 21.20 million shares remain outstanding until formal cancellation, after which the total issued share capital will reduce accordingly.

Compliance confirmation: the board has authorised all repurchases, funds have been fully settled, and the transactions were executed in accordance with Hong Kong Listing Rules and SSE 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