COSCO SHIP HOLD Announces Completion of Four Share Buyback Rounds, Canceling 866 Million A and H Shares

Deep News
04/08

COSCO SHIP HOLD stated on an interactive platform on April 8th that the company places significant emphasis on investor returns. In recent years, it has actively rewarded shareholders through methods including cash dividends and share repurchases. Regarding dividend distribution, the company has released its "Shareholder Dividend Return Plan for the Next Three Years (2025-2027)". This plan specifies that, subject to the provisions of the company's articles of association, the total annual cash dividend distributed should account for 30% to 50% of the annual net profit attributable to shareholders. For 2025, the company expects the cash dividend payout to represent approximately 50% of the net profit attributable to shareholders. In terms of share buybacks, the company has already implemented four rounds of repurchases, cumulatively buying back and canceling 866 million A-shares and H-shares. Moving forward, COSCO SHIP HOLD will continue to balance its sustainable development with shareholder returns, effectively safeguarding shareholder rights. The company commits to conducting timely information disclosures in accordance with laws and regulations for any further shareholder return arrangements.

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