Pacific Basin repurchases 4.59 million shares for HKD 13.06 million; 1.83% of 2026 buy-back mandate utilised

Bulletin Express06-25

Pacific Basin Shipping Limited disclosed that it bought back 4.59 million ordinary shares on 25 June 2026 via on-market transactions on the Hong Kong Stock Exchange.

The shares were repurchased at prices ranging between HKD 2.83 and HKD 2.90, with an aggregate consideration of HKD 13.06 million, implying an average cost of roughly HKD 2.85 per share. All shares are intended for cancellation; none will be held as treasury stock.

Including previous purchases of 1.48 million shares on 10 June and 3.41 million shares on 24 June that are also pending cancellation, Pacific Basin has bought back a cumulative 9.48 million shares in June. This volume represents 1.83% of the 516.67 million shares authorised for repurchase under the mandate approved on 22 April 2026. Consequently, approximately 507.19 million shares remain available under the current mandate.

The company’s issued share capital stood at 5.17 billion shares (excluding treasury shares) both before and after the latest transaction, as the repurchased shares await formal cancellation.

The transactions were executed in accordance with Hong Kong Stock Exchange Main Board rules, and the company confirmed that no material changes have been made to the explanatory statement dated 19 March 2026 supporting the repurchase mandate.

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