Pacific Basin Repurchases Over 3 Million Shares For Cancellation

MT Newswires Live

2024/09/10

Pacific Basin Shipping (HKG:2343) repurchased another 3.2 million shares on Tuesday for HK$6.4 million, a filing with the Hong Kong stock exchange said the same day.

The company bought back the shares at about HK$1.99 to HK$2.03 apiece.

The company has so far repurchased 66,580,000 shares out of the 526,382,305 shares it was authorized to repurchase.

Price (HKD): $2.00, Change: $+0.010, Percent Change: +0.50%

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