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China Telecom ( (HK:0728) ) just unveiled an announcement.
China Telecom Corporation Limited has announced its first H Shareholders’ Class Meeting of 2025, scheduled for May 21, 2025, in Hong Kong. The meeting will consider a special resolution to grant the Board a general mandate to repurchase up to 10% of the company’s A and H shares. This move could potentially impact the company’s stock value and market positioning, reflecting a strategic decision to manage its capital structure and shareholder value.
More about China Telecom
China Telecom Corporation Limited is a major telecommunications company in China, providing a wide range of services including fixed-line and mobile telephony, broadband internet, and other telecommunications-related services. It operates primarily in the Chinese market and is a significant player in the global telecommunications industry.
Technical Sentiment Signal: Strong Sell
Current Market Cap: €80.85B
For detailed information about 0728 stock, go to TipRanks’ Stock Analysis page.