Pacific Basin Repurchases to Cancel 105,000 Shares

MT Newswires Live

2024/09/26

Pacific Basin Shipping (HKG:2343) repurchased to cancel a further 105,000 shares on Thursday on the market for HK$231,976.50, a filing with the Hong Kong Exchange said on the same day.

The repurchase was done at the minimum per-share price of HK$2.20 and the highest price per share of HK$2.21. The company has so far repurchased 97,622,000 shares out of the 526,382,305 shares it was authorized to repurchase.

The maritime transport company's shares rose over 3% on Thursday's close.

Price (HKD): $2.25, Change: $+0.070, Percent Change: +3.21%

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