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The latest announcement is out from Huaxin Cement Co., Ltd. Class H ( (HK:6655) ).
Huaxin Cement Co., Ltd. has announced its intention to repurchase its A-shares through a centralized price bidding process, allocating between RMB 32.25 million and RMB 64.5 million from its internal resources for this purpose. The repurchase, aimed at share incentives, faces risks such as securing necessary funds, potential price ceiling issues, and approval of the share incentive plan, which could impact the company’s operational and market positioning.
The most recent analyst rating on (HK:6655) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on Huaxin Cement Co., Ltd. Class H stock, see the HK:6655 Stock Forecast page.
More about Huaxin Cement Co., Ltd. Class H
Huaxin Cement Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the cement industry. The company focuses on producing and distributing cement and related products, catering to construction and infrastructure sectors.
Average Trading Volume: 24,605,734
Technical Sentiment Signal: Buy
Current Market Cap: HK$38.25B
See more data about 6655 stock on TipRanks’ Stock Analysis page.