COSCO SHIPPING Holdings Executes HK$34.59 Million H-Share Buyback; Cumulative Repurchases Reach 18.96 Million Shares

Bulletin Express05-07

COSCO SHIPPING Holdings Co., Ltd. disclosed to the Hong Kong Stock Exchange on 07 May 2026 that it repurchased 2.35 million H shares on-market the same day, spending HK$34.59 million. The shares were bought within a price band of HK$14.62–14.86, yielding a volume-weighted average price of HK$14.72 per share.

Including this latest transaction, the company has acquired 18.96 million H shares since the current mandate commenced on 23 March 2026. The cumulative volume equals 0.66 % of the 2.76 billion issued H shares outstanding on the mandate date (28 May 2025) and represents around 6.6 % of the 287.98 million shares authorised for repurchase. Based on disclosed daily averages, total cash deployed across the ten buyback sessions amounts to approximately HK$281.29 million, with an overall average cost of about HK$14.84 per share.

The repurchased shares have not yet been cancelled; once removed, the outstanding share count will fall from 2.76 billion accordingly. Under Main Board Rule 10.06(3), COSCO SHIPPING Holdings is restricted from issuing new shares or transferring any treasury shares until 06 June 2026.

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