Hong Kong―COSCO SHIPPING Development Co., Ltd. released a Next Day Disclosure Return on 1 June 2026 detailing its latest on-market share buyback activity and the status of its H-share capital.

On 1 June 2026 the company repurchased 704,000 H shares (approximately 0.02% of the 3.45 billion issued H shares) on the Hong Kong Stock Exchange at an average price of HK$1.0064 per share. The highest price paid was HK$1.0064; the lowest, HK$1.00. Total consideration amounted to HK$0.71 million. All repurchased shares are intended for cancellation.

The transaction forms part of the buyback mandate approved on 26 June 2025, which authorises the repurchase of up to 344.57 million shares. Including the latest purchase, COSCO SHIPPING Development has bought back 24.04 million H shares since the mandate became effective, representing 0.70% of the company’s issued H-share capital on the mandate date and utilising 7% of the authorised limit.

As at 1 June 2026, the company’s issued H-share capital stands unchanged at 3.45 billion shares, as the repurchased shares—aggregating 24.04 million units—have not yet been cancelled. Under Hong Kong listing rules, the issuer is restricted from issuing, selling or transferring shares for 30 days following the repurchase, setting a moratorium until 1 July 2026.