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Xinjiang Goldwind Science & Technology Co ( (HK:2208) ) has provided an announcement.
Goldwind Science & Technology Co., Ltd. has announced a general mandate to repurchase up to 10% of its H Shares using self-owned funds. This strategic move is aimed at safeguarding shareholder interests and reflects the company’s confidence in its future development and financial stability. The repurchased shares may either be canceled or held as treasury shares, and the board has been authorized to manage all aspects of the repurchase process.
The most recent analyst rating on (HK:2208) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Xinjiang Goldwind Science & Technology Co stock, see the HK:2208 Stock Forecast page.
More about Xinjiang Goldwind Science & Technology Co
Xinjiang Goldwind Science & Technology Co., Ltd. is a prominent player in the renewable energy sector, primarily focusing on the development and manufacturing of wind turbines. The company is known for its innovative solutions in wind power technology and has a significant market presence in China and internationally.
Average Trading Volume: 13,946,206
Technical Sentiment Signal: Buy
Current Market Cap: HK$40.03B
See more insights into 2208 stock on TipRanks’ Stock Analysis page.