CGN Power Co (HK:1816) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CGN Power Co., Ltd. has announced a repurchase mandate allowing its board to buy back up to 10% of its total A and H shares, with repurchased H shares to be cancelled and the company’s registered capital reduced accordingly. Creditors are given a window to claim rights against the company following this announcement, with specific instructions provided for the claiming process.
For further insights into HK:1816 stock, check out TipRanks’ Stock Analysis page.