Pacific Basin Shipping (HKG:2343) repurchased for cancellation 2,800,000 shares on the market for HK$5.8 million, at HK$2.10 as the highest price paid per share and HK$2.04 as the lowest price paid per share, a Wednesday filing with the Hong Kong Exchange said.
So far, the company has repurchased 57,180,000 shares out of the 526,382,305 shares it has been authorized to purchase.
The company's shares were down nearly 2% on Wednesday's close.
Price (HKD): $2.08, Change: $-0.040, Percent Change: -1.89%
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