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Great Wall Motor Plans Share Repurchase to Boost Value

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Great Wall Motor Plans Share Repurchase to Boost Value

Confident Investing Starts Here:

The latest update is out from Great Wall Motor Co ( (HK:2333) ).

Great Wall Motor Company Limited has announced a class meeting for its H shareholders to discuss and potentially approve a special resolution authorizing the board to repurchase up to 10% of its H and A shares. This move is subject to regulatory approvals and aims to enhance shareholder value and optimize the company’s capital structure.

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, operating in the automotive industry. It focuses on the production and sale of motor vehicles and related components, with its shares listed on the Hong Kong and Shanghai Stock Exchanges.

Average Trading Volume: 35,903,228

Technical Sentiment Signal: Buy

Current Market Cap: HK$189B

See more data about 2333 stock on TipRanks’ Stock Analysis page.

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