Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Aluminum of China ( (HK:2600) ) has issued an update.
Aluminum Corporation of China Limited announced the approval of a resolution to repurchase and cancel 654,408 restricted shares granted to participants under the 2021 Restricted Share Incentive Scheme. This decision, made during the company’s board and supervisory committee meetings, involves adjusting the repurchase price of these shares, reflecting the company’s ongoing efforts to manage its equity incentives effectively.
The most recent analyst rating on (HK:2600) stock is a Buy with a HK$6.80 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, also known as Aluminum of China, operates in the metals and mining industry. The company primarily focuses on the production and sale of aluminum products, serving various markets with its extensive range of aluminum-related services.
Average Trading Volume: 46,869,532
Technical Sentiment Signal: Buy
Current Market Cap: HK$111.6B
Learn more about 2600 stock on TipRanks’ Stock Analysis page.