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Aluminum of China ( (HK:2600) ) just unveiled an update.
Aluminum Corporation of China Limited has approved and is implementing the repurchase and cancellation of 660,751 restricted shares previously granted under its 2021 Restricted Share Incentive Scheme to 15 participants who have retired, resigned, left due to job adjustments, or encountered negative circumstances, with the repurchase prices adjusted to RMB2.60 per share for the first grant and RMB1.76 per share for the reserved grant following an interim profit distribution. After completing the transaction, expected on 3 February 2026 following regulatory notification procedures and creditor protection requirements, the company will have 37,640,188 restricted shares remaining under its equity incentive program, slightly tightening its share-based compensation pool while maintaining the overall structure of its long-term incentive scheme.
The most recent analyst rating on (HK:2600) stock is a Buy with a HK$17.00 price target. To see the full list of analyst forecasts on Aluminum of China stock, see the HK:2600 Stock Forecast page.
More about Aluminum of China
Aluminum Corporation of China Limited is a major Chinese aluminum producer engaged in the production and sale of aluminum and related products, operating within the non-ferrous metals industry and listed in Hong Kong, with a focus on both domestic and international markets.
Average Trading Volume: 59,095,344
Technical Sentiment Signal: Buy
Current Market Cap: HK$249.2B
For an in-depth examination of 2600 stock, go to TipRanks’ Overview page.