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COSCO SHIPPING Announces A Share Repurchase Plan

COSCO SHIPPING Announces A Share Repurchase Plan

COSCO SHIPPING Development Co (HK:2866) has released an update.

Confident Investing Starts Here:

COSCO SHIPPING Development Co. has announced an extraordinary general meeting to discuss the implementation of an A Share Repurchase Plan. The company plans to buy back up to 80 million A Shares, aiming to enhance investor confidence and reduce registered share capital. The repurchase will be conducted through centralized price bidding on the Shanghai Stock Exchange.

For further insights into HK:2866 stock, check out TipRanks’ Stock Analysis page.

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