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China Communications Services ( (HK:0552) ) has issued an announcement.
China Communications Services has called a 2026 Domestic Shareholders’ Class Meeting for 22 January 2026 in Beijing to seek approval for a special resolution granting its board a general mandate to repurchase up to 10% of the company’s issued H shares, excluding any treasury shares. The proposed repurchase mandate, which would be effective until the 2025 annual general meeting or earlier revocation, signals the company’s intention to retain flexibility in capital management and shareholder return strategies, and requires separate approvals from the extraordinary general meeting and both domestic and H-share class meetings, underscoring the importance of shareholder consent in shaping its equity and governance structure.
The most recent analyst rating on (HK:0552) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on China Communications Services stock, see the HK:0552 Stock Forecast page.
More about China Communications Services
China Communications Services Corporation Limited is a PRC-incorporated company listed in Hong Kong that operates in the telecommunications infrastructure services industry, focusing on engineering, construction, maintenance, and related support services for telecom operators and other information and communications technology customers in China and overseas.
Average Trading Volume: 8,691,750
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.58B
For an in-depth examination of 0552 stock, go to TipRanks’ Overview page.