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Harbin Electric Co. Ltd. Plans H Shares Repurchase

Story Highlights
  • Harbin Electric Co. Ltd. will hold a meeting to discuss repurchasing up to 10% of its H shares.
  • The repurchase could lead to changes in the company’s share capital structure and market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harbin Electric Co. Ltd. Plans H Shares Repurchase

Confident Investing Starts Here:

An update from Harbin Electric Co. Ltd. Class H ( (HK:1133) ) is now available.

Harbin Electric Co. Ltd. has announced a Domestic Shares Class Meeting scheduled for May 23, 2025, to discuss and potentially approve resolutions regarding the repurchase of up to 10% of its H shares. This move, if approved, will allow the company to amend its Articles of Association to reflect changes in its share capital structure, potentially impacting its market positioning and shareholder value.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the electric industry. The company focuses on the production and distribution of electric power equipment and related services.

YTD Price Performance: 52.67%

Average Trading Volume: 685

Technical Sentiment Signal: Sell

Current Market Cap: €1.07B

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