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Haier Smart Home Co., Ltd. Class H ( (HK:6690) ) has issued an update.
Haier Smart Home Co., Ltd. has announced a share repurchase plan, approved by its board of directors, to buy back a portion of its public A shares. The repurchase, valued between RMB1 billion and RMB2 billion, is intended to support the company’s employee share ownership plans and improve corporate governance, aligning with long-term strategic goals and enhancing shareholder value.
More about Haier Smart Home Co., Ltd. Class H
Haier Smart Home Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the home appliances industry. The company focuses on smart home solutions and products, aiming to enhance home living experiences through innovative technologies.
YTD Price Performance: -4.36%
Average Trading Volume: 17,544,112
Technical Sentiment Signal: Sell
Current Market Cap: HK$269.2B
Learn more about 6690 stock on TipRanks’ Stock Analysis page.