Chalieco to Repurchase and Cancel 918,300 Unlocked Restricted Shares Under Incentive Plan

China Aluminum International Engineering Corporation Limited Class H ( (HK:2068) ) has issued an announcement.

China Aluminum International Engineering Corporation Limited has moved to adjust its 2023 Restricted Share Incentive Scheme by repurchasing and cancelling 918,300 restricted shares previously granted to 13 participants but not yet unlocked. The decision was approved at a board meeting on 27 March 2026 and follows scheme rules that tie vesting to employment status, performance conditions and compliance.

Most of the affected shares relate to employees who have retired or left the company due to job adjustments beyond their control, with 648,200 shares to be repurchased at the original grant price plus bank deposit interest. A further 270,100 shares will be repurchased at the lower of the grant price or market price from two participants disqualified for serious violations, underscoring tighter governance over equity incentives and signaling disciplined management of share-based compensation and employee conduct.

The most recent analyst rating on (HK:2068) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on China Aluminum International Engineering Corporation Limited Class H stock, see the HK:2068 Stock Forecast page.

More about China Aluminum International Engineering Corporation Limited Class H

China Aluminum International Engineering Corporation Limited is a PRC-incorporated engineering and construction company focused on the non-ferrous metals and related industrial sectors. Listed in Hong Kong as Class H shares, it provides engineering, project management and technical services to aluminum and broader industrial clients in China and overseas.

YTD Price Performance: -3.56%

Average Trading Volume: 12,416,873

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.73B

For a thorough assessment of 2068 stock, go to TipRanks’ Stock Analysis page.