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BYD Co. Expands Capital and Share Structure

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BYD Co. Expands Capital and Share Structure

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An update from BYD Co ( (HK:1211) ) is now available.

BYD Company Limited has announced a significant increase in its registered capital and total issued shares, following the completion of a bonus issue and capitalization plan. The company’s share capital has grown from 3,039,065,855 shares to 9,117,197,565 shares, with a corresponding increase in registered capital from RMB3,039,065,855 to RMB9,117,197,565. This move is part of BYD’s strategic efforts to strengthen its equity structure and enhance its financial capacity, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1211) stock is a Hold with a HK$91.66 price target. To see the full list of analyst forecasts on BYD Co stock, see the HK:1211 Stock Forecast page.

More about BYD Co

BYD Company Limited is a joint stock company incorporated in the People’s Republic of China, operating primarily in the automotive and electronics industries. The company is known for its production of electric vehicles and rechargeable batteries, focusing on sustainable energy solutions.

Average Trading Volume: 33,320,936

Technical Sentiment Signal: Buy

Current Market Cap: HK$900.2B

See more data about 1211 stock on TipRanks’ Stock Analysis page.

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