Hong Kong – COSCO SHIPPING Holdings Co., Ltd. reported the execution of another tranche of its share-repurchase programme on 6 May 2026. The company acquired 2.16 million H-shares on the Hong Kong Stock Exchange at prices ranging between HKD 14.49 and HKD 14.86, for a total outlay of HKD 31.57 million. The shares are earmarked for cancellation.
Including this latest transaction, COSCO SHIPPING Holdings has repurchased 16.61 million H-shares since its 28 May 2025 shareholder mandate, equivalent to 0.58% of the shares outstanding on the mandate date. The authorisation permits buybacks of up to 287.98 million shares, leaving roughly 271.37 million shares (94.2% of the mandate) still available.
Cumulative repurchases awaiting cancellation now stand at 16.61 million shares, acquired between 23 March and 6 May 2026 at prices ranging from HKD 14.36 to HKD 15.22. These transactions have not yet altered the company’s share capital, which remains at 2.76 billion H-shares issued and outstanding as of 6 May 2026. The weighted-average purchase price for the latest 6 May buyback is approximately HKD 14.62 per share.
Under Hong Kong Stock Exchange rules, the company is subject to a 30-day moratorium on issuing new shares following the repurchase; this restriction extends to 5 June 2026.
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