tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huatai Securities to Repurchase and Cancel Restricted A Shares

Story Highlights
  • Huatai Securities Co. will repurchase and cancel 438,495 restricted A Shares.
  • This action will adjust the share capital structure while maintaining the A and H shares proportion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Huatai Securities to Repurchase and Cancel Restricted A Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Huatai Securities Co ( (HK:6886) ) just unveiled an announcement.

Huatai Securities Co. announced the repurchase and cancellation of 438,495 restricted A Shares from 143 incentive participants who did not meet performance conditions or left the company. This move is part of the company’s Restricted Share Incentive Scheme and will slightly adjust the share capital structure, maintaining the overall proportion of A and H shares.

The most recent analyst rating on (HK:6886) stock is a Buy with a HK$20.70 price target. To see the full list of analyst forecasts on Huatai Securities Co stock, see the HK:6886 Stock Forecast page.

More about Huatai Securities Co

Huatai Securities Co., operating under the corporate name 華證 in China and HTSC in Hong Kong, is a joint stock company engaged in the financial services industry. The company is known for its securities brokerage, investment banking, asset management, and wealth management services, focusing on the Chinese market.

YTD Price Performance: 45.22%

Average Trading Volume: 16,227,659

Technical Sentiment Signal: Buy

Current Market Cap: HK$193.9B

Find detailed analytics on 6886 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1