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China Railway Group ( (HK:0390) ) has provided an announcement.
China Railway Group Limited announced progress on its share repurchase plan, initially disclosed on April 30, 2025. The company plans to repurchase RMB ordinary shares (A shares) through centralized competitive bidding, with an estimated repurchase amount between RMB800 million and RMB1.6 billion. The purpose of the repurchase is to reduce registered capital, and as of the announcement, 6,998,600 shares have been repurchased, representing 0.0283% of the total share capital, at a cumulative cost of RMB39,999,328. This move is expected to impact the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (HK:0390) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on China Railway Group stock, see the HK:0390 Stock Forecast page.
More about China Railway Group
China Railway Group Limited operates in the infrastructure construction industry, focusing on railway, highway, and urban rail transit projects. It provides engineering, procurement, and construction services, and is a major player in the Chinese and international markets.
Average Trading Volume: 29,855,688
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$142.7B
For a thorough assessment of 0390 stock, go to TipRanks’ Stock Analysis page.