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Haier Smart Home Co., Ltd. Class H ( (HK:6690) ) just unveiled an announcement.
Haier Smart Home Co., Ltd. has approved a buyback programme for its D shares of up to EUR 2 million, or a maximum of 1,000,000 shares, representing about 0.369% of its current D-share capital. The repurchased D shares, to be acquired via the Xetra system of the Frankfurt Stock Exchange and selected EU multilateral trading facilities between around 21 January 2026 and 13 February 2026, will be cancelled to reduce the company’s capital, which Haier expects will positively impact its capital structure. The buyback will be executed by an independent financial institution in compliance with EU market abuse regulations and pricing limits authorised by the 2024 AGM, and the company reserves the right to terminate, suspend or resume the programme as permitted, signalling active capital management and potential support for shareholder value.
The most recent analyst rating on (HK:6690) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Haier Smart Home Co., Ltd. Class H stock, see the HK:6690 Stock Forecast page.
More about Haier Smart Home Co., Ltd. Class H
Haier Smart Home Co., Ltd. is a Chinese joint stock company listed in Hong Kong that operates in the home appliances and smart home sector, offering a broad range of white goods and related smart home solutions to global consumers. The company’s shares include D shares listed and traded in the European market, providing it with diversified access to international capital markets.
Average Trading Volume: 14,283,532
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$260.3B
For an in-depth examination of 6690 stock, go to TipRanks’ Overview page.