COSCO SHIPPING Development Co., Ltd. (COSCO Ship Dev) disclosed on 15 April 2026 that it repurchased 1.50 million A shares on the Shanghai Stock Exchange at a volume-weighted average price of RMB 2.79 per share, incurring a total outlay of approximately RMB 4.18 million.

The latest transaction leaves the company’s issued share capital unchanged at 9.75 billion shares, as all repurchased shares—classified for cancellation—remain outstanding and are therefore still included in the share count.

Including the most recent buyback, COSCO Ship Dev has accumulated 30.39 million A shares for cancellation between 18 November 2025 and 15 April 2026. This outstanding repurchase volume equals about 0.31 % of the company’s current issued share capital. Purchase prices over the period ranged from RMB 2.43 to RMB 3.00 per share.

The board confirmed that the repurchases were conducted in accordance with Hong Kong Stock Exchange Listing Rules and relevant domestic regulations, and that all requisite funds were duly settled. No treasury shares are being held; the entire repurchased amount is earmarked for cancellation.