COSCO Shipping Holdings announced plans to repurchase shares through centralized competitive trading, with the buyback amount expected to range from 770 million to 1.54 billion yuan. The number of shares to be repurchased is between 50 million and 100 million, with a maximum repurchase price of 15.4 yuan per share. The buyback period is three months from the date of board approval. In the first quarter of 2026, the company reported revenue of 51.797 billion yuan and net profit attributable to shareholders of 5.877 billion yuan.
COSCO SHIPPING Holdings Co LtdCompany announces share buyback plan worth 770M-1.54B yuan, a direct financial/valuation event.