---
title: "Yangtze River Maritime held a special meeting to review the stock repurchase proposal | Lianhe Zaobao"
description: "Yangtze River Maritime will hold a special shareholders' meeting at 2:30 PM on March 6 to seek shareholder approval for a stock repurchase proposal. If approved, the company may repurchase up to 10% o"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276218476.md"
published_at: "2026-02-18T10:57:17.000Z"
---

# Yangtze River Maritime held a special meeting to review the stock repurchase proposal | Lianhe Zaobao

> Yangtze River Maritime will hold a special shareholders' meeting at 2:30 PM on March 6 to seek shareholder approval for a stock repurchase proposal. If approved, the company may repurchase up to 10% of its issued shares, approximately 348.9 million shares, through on-market and off-market transactions. The maximum price for on-market transactions is 105% of the average closing price, while the maximum for off-market transactions is 120%. The proposal aims to improve operational efficiency, and the executive chairman stated that the company will be committed to capital allocation

Yangzijiang Maritime will hold a special general meeting of shareholders at 2:30 PM on March 6 to seek shareholder approval for the stock repurchase proposal.

The special meeting will be held at the Big Picture Theatre on the ninth floor of Capital Tower.

Yangzijiang Maritime Development, listed on the main board, announced the details of the special meeting on the Singapore Exchange website on Wednesday (February 18).

The company first announced the stock repurchase proposal in January this year, which, if approved by shareholders, will allow the company to repurchase up to 10% of its issued shares through on-market and off-market transactions, amounting to 348.9 million shares. As of the last feasible date, the company has a total of 3.5 billion issued shares.

For on-market transactions, the maximum price payable will be 105% of the average closing price, while for off-market transactions, the maximum price payable will be 120% of the average closing price.

#### Further Reading

Yangzijiang Maritime plans to repurchase no more than 10% of issued shares, the first since listing To improve operational efficiency, Yangzijiang Maritime orders 16 new ships

The average closing price refers to the average closing price over the five trading days immediately preceding the transaction.

Executive Chairman and CEO Ren Yuanlin has stated that following the initial public offering last year, the company will focus on capital allocation, including through stock repurchases.

The company's stock price closed at SGD 0.56 on Monday (16th), unchanged

### Related Stocks

- [8YZ.SG - YZJ Maritime](https://longbridge.com/en/quote/8YZ.SG.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 揚子江海運計劃於 3 月 6 日召開特別股東大會，討論其擬議的股票回購計劃 | 揚子江海事將於 3 月 6 日召開特別股東大會，尋求股東對擬議的股份回購授權的批准。公司計劃回購最多 10% 的已發行股份，約為 3.489 億股。回購可以通過市場內和市場外的購買進行，最高價格分別設定為平均收盤價的 105% 和 120% | [Link](https://longbridge.com/en/news/276211304.md) |
| 值得關注的股票：YZJ Maritime，新加坡航空公司，CSE Global | 揚子江海事將於 3 月 6 日召開特別股東大會，尋求批准一項股份回購授權，以購買其已發行股份總數的 10%。與此同時，新加坡航空公司報告 1 月份的客運量同比增長 0.7%，總計達到 138 億收入客公里。揚子江海事的股票收盤持平，報 0. | [Link](https://longbridge.com/en/news/276288603.md) |
| 英國海事貿易組織表示，他們收到報告稱在也門亞丁西南約 70 海里處發生了一起事件 | UKMTO 表示，它收到了關於在也門亞丁以西南 70 海里發生事件的報告 | [Link](https://longbridge.com/en/news/276117585.md) |
| 阿根廷海事工人發起 48 小時罷工，抗議勞動改革 | 阿根廷海事工人聯合會（FESIMAF）於週三發起了一場為期 48 小時的罷工，以抗議總統哈維爾·米萊（Javier Milei）提出的勞動改革法案。此次罷工正在干擾貨物運輸，特別是在羅薩里奧，這一關鍵的農業出口中心。港口和海事活動商會的吉列 | [Link](https://longbridge.com/en/news/276236526.md) |
| ELF Beauty 的新董事和股票回購是否重新定義了其資本分配策略？ | e.l.f. Beauty 任命 Matthew Farrell 為董事會成員，並完成了 1.0053 億美元的股票回購。此舉旨在增強投資者對公司治理和資本配置的信心。儘管發生了這些變化，公司增長的敍述仍然集中在其 Z 世代品牌和國際擴張上 | [Link](https://longbridge.com/en/news/276390188.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.