Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. (中远海控) announced a share repurchase plan to enhance shareholder value and investor confidence due to its A-shares trading below net asset value [1] Summary by Sections A-Share Repurchase Plan - The company plans to repurchase A-shares through a centralized bidding method under a general authorization framework, with a total repurchase amount ranging from 50 million to 100 million shares, representing approximately 0.32% to 0.65% of the total share capital as of September 30, 2025 [1] - The maximum total amount for the A-share repurchase is set at RMB 1.498 billion, based on a maximum repurchase price of RMB 14.98 per share [1] H-Share Repurchase Arrangement - In addition to the A-share repurchase, the company intends to implement a repurchase of H-shares under a general authorization framework, complying with Hong Kong listing rules and applicable laws [1] - The H-share repurchase does not require further approval from the company's shareholders [1]
中远海控(01919)拟斥资最多14.98亿元回购A股股份