Pacific Basin Shipping trims share count by 1.48 million; 8 million more shares pending cancellation

Bulletin Express
06/30

Pacific Basin Shipping Limited announced via a Next Day Disclosure Return (30 June 2026) that it has cancelled 1.48 million repurchased ordinary shares, reducing its issued share capital by 0.03 % to 5.17 billion shares. The cancelled shares were originally bought back on 10 June 2026 at a volume-weighted average price of HKD 2.8268 each, implying a repurchase consideration of about HKD 4.18 million.

The company’s issued share count now stands at 5,165.25 million, down from 5,166.73 million prior to the cancellation.

Separately, Pacific Basin has a further 8.00 million shares—3.41 million repurchased on 24 June at HKD 2.8796 per share and 4.59 million on 25 June at HKD 2.8464 per share—awaiting formal cancellation. These pending cancellations represent an additional 0.16 % of the current issued share base.

The disclosure was signed by Company Secretary Mok Kit Ting Kitty.

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