Pacific Basin Repurchases 1.5 Million Shares

MT Newswires Live

2024/09/09

Pacific Basin Shipping (HKG:2343) repurchased a further 3,100,000 on Monday on the market for HK$6.2 million, a filling with the Hong Kong Exchange said on the same day.

The repurchase was done at the minimum per-share price of HK$2.30 and the highest share price per share of HK$1.97. the company has so far already repurchased 63.4 million shares out of 526.4 million it was authorized to repurchase.

The company's shares were nearly 3% down

Price (HKD): $1.99, Change: $-0.060, Percent Change: -2.93%

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