Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CONCH CEMENT Plans to Repurchase up to RMB1B A Shares and up to HKD0.7B H Shares
Recommend 3 Positive 7 Negative 1 |
||||
|
||||
|
CONCH CEMENT (00914.HK) announced a share repurchase plan. The total amount of funds for the repurchase of H Shares shall be no more than HK$700 million. The number of H Shares proposed to be repurchased shall not exceed 10% of the total number of issued H Shares of the Company. The H Shares to be repurchased by the Company under the H Share Repurchase Plan shall be cancelled, and the source of funds is the Company’s own funds. The total amount of funds for the repurchase of A Shares shall be no less than RMB600 million and no more than RMB1 billion. The repurchase price of A Shares will be no more than RMB27.71 per share. The number of A Shares to be repurchased is approximately 36.09 million shares, representing approximately 0.68% of the total share capital of the Company. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
