Pacific Basin Shipping Buys Back 50,000 Shares

MT Newswires Live

2025/03/10

Pacific Basin Shipping (HKG:2343) repurchased for cancellation 50,000 shares on the market for HK$84,000 at HK$1.68 apiece on Monday, a same-day Hong Kong bourse filing said.

So far, the company has bought back 147.9 million shares out of the 526.4 million it is authorized to repurchase under its repurchase mandate.

Shares of the company closed nearly 5% higher on Monday.

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