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China Railway Group ( (HK:0390) ) just unveiled an update.
China Railway Group Limited has provided an update on its ongoing A-share repurchase programme, approved at its 2024 annual general meeting and subsequent class meetings. The plan, running from 20 June 2025 to 19 June 2026, targets a buyback of RMB800 million to RMB1.6 billion worth of A shares via centralized competitive bidding, funded by self-owned funds and special loans, at a maximum price of RMB8.50 per share.
As of the latest disclosure, the company has repurchased 28,812,000 A shares, representing about 0.1167% of its total share capital, for a cumulative consideration of RMB160,018,146 at prices between RMB5.42 and RMB5.75 per share. The repurchased shares are intended for cancellation and reduction of registered capital, a move that can enhance earnings per share and signal management confidence, potentially supporting the stock’s valuation and benefiting existing shareholders.
The most recent analyst rating on (HK:0390) stock is a Buy with a HK$5.00 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 is a major Chinese infrastructure and construction conglomerate focused on railway and transport engineering, with A shares listed in Shanghai and H shares in Hong Kong. The state-linked company undertakes large-scale rail and infrastructure projects in mainland China and overseas, positioning it as a core player in the country’s transport build-out and related capital markets.
YTD Price Performance: 34.99%
Average Trading Volume: 34,652,850
Technical Sentiment Signal: Buy
Current Market Cap: HK$169B
For detailed information about 0390 stock, go to TipRanks’ Stock Analysis page.