COSCO returns cash to shareholders, but Germany blocks a logistics deal
Buyback completed and shares cancelled COSCO finished buying back 50 million of its own A-shares for 755 million yuan and will cancel them on October 8. Fewer shares outstanding means each remaining share represents a bigger slice of the company, which supports the share price.
This is the period's clearest new capital action that directly affects the share count and price.
Dividend of 0.43 yuan per share Alongside first-half results, COSCO said it will pay a cash dividend of 0.43 yuan per share, about 49% of profit. A steady payout gives investors real cash back and makes the stock more attractive to hold, supporting the price.
The dividend is a new shareholder-return decision that helps explain investor interest in the stock.
Germany blocks Zippel acquisition Germany formally blocked COSCO's plan to buy 80% of logistics firm Zippel, citing national security and supply-chain risks. This shuts down a planned European expansion and signals more resistance to Chinese logistics deals, weighing on growth hopes.
This is the period's main negative event, directly limiting COSCO's overseas expansion plans.
Profit down year-on-year but improving quarter-on-quarter First-half net profit fell 23.48% from a year earlier to 13.419 billion yuan, though revenue rose slightly. Second-quarter profit was up 28% from the first quarter, so the business is recovering even as the yearly comparison looks weak.
The earnings report is the core fundamental update, showing both pressure and improvement.