Aluminum of China ( (HK:2600) ) just unveiled an update.
Aluminum Corporation of China Limited has announced a special resolution for the 2025 first class meeting of H Shareholders to grant the board a general mandate to repurchase up to 10% of its A Shares and H Shares. This move is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting a strategic decision to strengthen its market position and potentially increase stockholder returns.
More about Aluminum of China
Aluminum Corporation of China Limited, also known as Chalco, is a leading enterprise in the non-ferrous metal industry, primarily engaged in the production and sale of aluminum and related products. The company operates in the People’s Republic of China and focuses on both domestic and international markets.
Average Trading Volume: 46,238,962
Technical Sentiment Signal: Hold
Current Market Cap: HK$109.1B
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