CGN Power Seeks Share Repurchase Mandate at 2026 H Shareholders’ Meeting

CGN Power Co ( (HK:1816) ) has issued an announcement.

CGN Power has called its first 2026 H Shareholders’ class meeting for May 20, 2026 in Shenzhen to seek approval for a special resolution granting the board a general mandate to repurchase A shares and/or H shares during a specified period. Eligible H shareholders must ensure their names are on the register by May 20, 2026, follow detailed procedures for replying, proxy appointment and voting, and note that resolutions will be decided mainly by poll in line with Hong Kong listing rules.

The proposed share repurchase mandate, if approved, would give the board greater flexibility in managing the company’s capital structure and could support its share price and shareholder returns, aligning CGN Power with common capital management practices among Hong Kong–listed issuers. The notice underscores governance transparency and formal shareholder engagement, which are closely watched by institutional investors in the region’s regulated equity markets.

The most recent analyst rating on (HK:1816) stock is a Sell with a HK$3.20 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.

More about CGN Power Co

CGN Power Co., Ltd. is a Chinese joint stock company engaged in the nuclear power industry, listed in Hong Kong under stock code 1816. The company operates through A shares and H shares, serving both domestic and international investors in the broader energy and utilities market.

YTD Price Performance: 13.65%

Average Trading Volume: 77,694,639

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$238.3B

Learn more about 1816 stock on TipRanks’ Stock Analysis page.