Aluminum of China (HK:2600) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Aluminum Corporation of China Limited announced the repurchase and cancellation of 866,831 restricted shares not yet unlocked, as part of adjustments to its 2021 Restricted Share Incentive Scheme. This move follows the retirement or job adjustments of 21 participants, necessitating the repurchase at the original grant price with added interest. The company’s decision reflects strategic management of its equity incentives and impacts on shareholder value.
For further insights into HK:2600 stock, check out TipRanks’ Stock Analysis page.
