Great Wall Motor Announces Share Repurchase Mandate

Great Wall Motor Co ( (HK:2333) ) just unveiled an announcement.

Great Wall Motor Company Limited has announced a general mandate for its board to repurchase up to 10% of its A and H shares during a specified period. This move is in compliance with relevant regulations and may lead to a reduction in the company’s registered capital, impacting its financial structure and potentially affecting stakeholders, including creditors who are advised to submit claims within 45 days.

The most recent analyst rating on (HK:2333) stock is a Buy with a HK$23.00 price target. To see the full list of analyst forecasts on Great Wall Motor Co stock, see the HK:2333 Stock Forecast page.

More about Great Wall Motor Co

Great Wall Motor Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the automotive industry. The company focuses on manufacturing and selling vehicles, with its shares listed on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange.

Average Trading Volume: 30,831,138

Technical Sentiment Signal: Hold

Current Market Cap: HK$175B

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