COSCO Shipping Holdings repurchases 22.70 million A-shares for roughly RMB 323.83 million

Bulletin Express07-22

COSCO Shipping Holdings Co., Ltd. disclosed a Next Day Disclosure Return dated 22 July 2026, detailing recent activity under its A-share buy-back programme on the Shanghai Stock Exchange (ticker 601919).

From 7 to 22 July 2026, the company repurchased 22.70 million A-shares that are earmarked for cancellation but had not yet been cancelled as of the disclosure date. The purchases represent about 0.18 % of the 12.56 billion shares currently in issue.

Based on the disclosed per-share prices, total cash consideration for the 12 trading sessions amounts to approximately RMB 323.83 million, implying a volume-weighted average repurchase price of around RMB 14.28 per share.

The most recent transaction on 22 July 2026 involved 1.50 million shares bought back at prices between RMB 14.80 and RMB 15.15, costing RMB 22.52 million.

The company’s issued share count remains unchanged at 12,556,536,965 shares until the repurchased stock is formally cancelled. The board confirmed that all repurchases complied with applicable listing and regulatory requirements.

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