China Railway Group (HK:0390) has released an update.
China Railway Group Limited has announced plans to repurchase and cancel a total of 7,384,576 restricted shares under its 2021 Restricted Share Incentive Scheme. The decision comes after various circumstances, including retirement, resignation, and performance evaluations, affected 43 participants’ eligibility. The repurchase prices vary, with most shares being bought back at RMB2.944 each, with additional interest where applicable.
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