CGN Power Co (HK:1816) has released an update.
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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.