COSCO SHIP HOLD spends HKD 33.49 million on latest buyback; cumulative repurchases reach 2.93 million shares

Bulletin Express03-24

COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total consideration of HKD 33.49 million. The shares were repurchased for cancellation.

Including 730,000 shares bought back on 23 March 2026 at a volume-weighted average price of HKD 14.99, the company has acquired 2.93 million shares over the two-day period. The combined outlay amounts to approximately HKD 44.43 million, representing about 0.11% of the company’s 2.76 billion issued H-shares outstanding prior to cancellation.

Despite these transactions, the issued share capital remains unchanged at 2,756.48 million shares as of 24 March 2026 because the repurchased shares have not yet been cancelled. There are no treasury shares on the company’s books.

The buybacks form part of the mandate approved by shareholders on 28 May 2025, which authorises COSCO SHIP HOLD to repurchase up to 287.98 million shares. To date, 2.93 million shares, or 0.10% of the authorised limit, have been utilised.

In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 23 April 2026. The board confirms that all repurchase activities complied with the relevant listing rules 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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1195289378?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 18:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195289378","market":"hk","top_or_hot":-1,"title":"COSCO SHIP HOLD spends HKD 33.49 million on latest buyback; cumulative repurchases reach 2.93 million shares","media":"Bulletin Express","content":"<p>COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total consideration of HKD 33.49 million. The shares were repurchased for cancellation.</p>\n<p>Including 730,000 shares bought back on 23 March 2026 at a volume-weighted average price of HKD 14.99, the company has acquired 2.93 million shares over the two-day period. The combined outlay amounts to approximately HKD 44.43 million, representing about 0.11% of the company’s 2.76 billion issued H-shares outstanding prior to cancellation.</p>\n<p>Despite these transactions, the issued share capital remains unchanged at 2,756.48 million shares as of 24 March 2026 because the repurchased shares have not yet been cancelled. There are no treasury shares on the company’s books.</p>\n<p>The buybacks form part of the mandate approved by shareholders on 28 May 2025, which authorises COSCO SHIP HOLD to repurchase up to 287.98 million shares. To date, 2.93 million shares, or 0.10% of the authorised limit, have been utilised.</p>\n<p>In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 23 April 2026. The board confirms that all repurchase activities complied with the relevant listing rules and regulatory requirements.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COSCO SHIP HOLD spends HKD 33.49 million on latest buyback; cumulative repurchases reach 2.93 million shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOSCO SHIP HOLD spends HKD 33.49 million on latest buyback; cumulative repurchases reach 2.93 million shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-03-24 18:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total consideration of HKD 33.49 million. The shares were repurchased for cancellation.</p>\n<p>Including 730,000 shares bought back on 23 March 2026 at a volume-weighted average price of HKD 14.99, the company has acquired 2.93 million shares over the two-day period. The combined outlay amounts to approximately HKD 44.43 million, representing about 0.11% of the company’s 2.76 billion issued H-shares outstanding prior to cancellation.</p>\n<p>Despite these transactions, the issued share capital remains unchanged at 2,756.48 million shares as of 24 March 2026 because the repurchased shares have not yet been cancelled. There are no treasury shares on the company’s books.</p>\n<p>The buybacks form part of the mandate approved by shareholders on 28 May 2025, which authorises COSCO SHIP HOLD to repurchase up to 287.98 million shares. To date, 2.93 million shares, or 0.10% of the authorised limit, have been utilised.</p>\n<p>In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 23 April 2026. The board confirms that all repurchase activities complied with the relevant listing rules and regulatory requirements.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01919","symbol_name":"中远海控","start_time":0,"source_url":"","article_id":"1195289378","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195289378","pubTimestamp":1774347730,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01919":"中远海控"},"translate_title":"中远船舶最新回购斥资3349万港元；累计回购达293万股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01919":1},"content_text":"COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total consideration of HKD 33.49 million. The shares were repurchased for cancellation.\nIncluding 730,000 shares bought back on 23 March 2026 at a volume-weighted average price of HKD 14.99, the company has acquired 2.93 million shares over the two-day period. The combined outlay amounts to approximately HKD 44.43 million, representing about 0.11% of the company’s 2.76 billion issued H-shares outstanding prior to cancellation.\nDespite these transactions, the issued share capital remains unchanged at 2,756.48 million shares as of 24 March 2026 because the repurchased shares have not yet been cancelled. There are no treasury shares on the company’s books.\nThe buybacks form part of the mandate approved by shareholders on 28 May 2025, which authorises COSCO SHIP HOLD to repurchase up to 287.98 million shares. To date, 2.93 million shares, or 0.10% of the authorised limit, have been utilised.\nIn line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 23 April 2026. The board confirms that all repurchase activities complied with the relevant listing rules and regulatory requirements.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195289378","isCrawlerRequest":true}