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COSCO SHIPPING Holdings Announces Key Resolutions for Upcoming AGM

Story Highlights
  • COSCO SHIPPING Holdings will hold its AGM on May 28, 2025, to discuss key financial resolutions.
  • The company plans to approve a dividend, external guarantees, and an A Share Repurchase Mandate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from COSCO SHIPPING Holdings Co ( (HK:1919) ) is now available.

COSCO SHIPPING Holdings Co., Ltd. has announced its upcoming annual general meeting scheduled for May 28, 2025, where several key resolutions will be considered. These include the approval of the 2024 financial reports, a final dividend payment of RMB1.03 per share, and the authorization of the Board to determine the 2025 interim profit distribution plan. Additionally, the company plans to approve a Shareholders Return Plan for 2025-2027 and a mandate for external guarantees up to US$4.355 billion. The appointment of SHINEWING (HK) CPA Limited and ShineWing Certified Public Accountants, LLP as auditors, along with their fees, will also be discussed. A special resolution to grant an A Share Repurchase Mandate is on the agenda, indicating strategic financial management and shareholder value enhancement efforts.

More about COSCO SHIPPING Holdings Co

COSCO SHIPPING Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the shipping industry, focusing on providing comprehensive shipping services and logistics solutions. The company is listed on the Hong Kong Stock Exchange under the stock code 1919.

Average Trading Volume: 30,413,762

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$234.2B

Learn more about 1919 stock on TipRanks’ Stock Analysis page.

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