Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
China Railway Group ( (HK:0390) ) has shared an update.
China Railway Group Limited has announced progress in 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 this repurchase is to reduce registered capital, and the company has already repurchased 10,501,500 shares, representing 0.0425% of its total share capital. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure.
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, primarily focusing on railway, highway, and urban rail transit projects. The company is a major player in the construction sector, providing comprehensive services including design, survey, and engineering.
YTD Price Performance: 3.99%
Average Trading Volume: 28,924,249
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$138.7B
See more data about 0390 stock on TipRanks’ Stock Analysis page.