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An update from China XLX Fertiliser Ltd. ( (HK:1866) ) is now available.
China XLX Fertiliser Ltd. has approved a new share repurchase scheme that authorises market buy-backs of up to 10% of its issued share capital (excluding treasury shares), capped at HK$200 million, for the period from 13 January 2026 to 31 December 2026. The programme, which is contingent on the existing and future shareholder repurchase mandates, will see repurchased shares held as treasury stock to optimise the capital structure and provide flexibility for employee incentive plans and potential mergers and acquisitions, signalling management’s confidence in the company’s long-term prospects and its intention to enhance shareholder returns without impairing day-to-day operations, though execution will ultimately depend on market conditions.
The most recent analyst rating on (HK:1866) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on China XLX Fertiliser Ltd. stock, see the HK:1866 Stock Forecast page.
More about China XLX Fertiliser Ltd.
China XLX Fertiliser Ltd., incorporated in Singapore and listed in Hong Kong, operates in the fertiliser industry, producing and supplying fertiliser products to agricultural markets. The company positions itself as a financially sound player with healthy cash flow and focuses on long-term business development and capital efficiency for its shareholders.
Average Trading Volume: 3,119,896
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.06B
See more insights into 1866 stock on TipRanks’ Stock Analysis page.