COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIP HOLD) disclosed that it repurchased 2.20 million H-shares on 24 March 2026 via on-market transactions, paying HKD 15.01–15.36 per share for a total consideration of HKD 33.49 million. The shares were repurchased for cancellation.

Including 730,000 shares bought back on 23 March 2026 at a volume-weighted average price of HKD 14.99, the company has acquired 2.93 million shares over the two-day period. The combined outlay amounts to approximately HKD 44.43 million, representing about 0.11% of the company’s 2.76 billion issued H-shares outstanding prior to cancellation.

Despite these transactions, the issued share capital remains unchanged at 2,756.48 million shares as of 24 March 2026 because the repurchased shares have not yet been cancelled. There are no treasury shares on the company’s books.

The buybacks form part of the mandate approved by shareholders on 28 May 2025, which authorises COSCO SHIP HOLD to repurchase up to 287.98 million shares. To date, 2.93 million shares, or 0.10% of the authorised limit, have been utilised.

In line with Hong Kong Stock Exchange regulations, the company is subject to a moratorium on new share issues or sales of treasury shares until 23 April 2026. The board confirms that all repurchase activities complied with the relevant listing rules and regulatory requirements.