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An announcement from Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) is now available.
Huaxin Cement Co., Ltd. has completed a share repurchase plan, acquiring 2,578,000 A shares, which accounts for 0.12% of the company’s total shares, at an average price of RMB 19.00 per share. The repurchase, funded entirely by the company’s self-owned funds, is intended for a share incentive scheme and is not expected to have a material impact on the company’s operations, financial status, or future development.
The most recent analyst rating on (HK:6655) stock is a Buy with a HK$19.00 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. It primarily focuses on the production and distribution of cement and related products.
Average Trading Volume: 11,517,980
Technical Sentiment Signal: Buy
Current Market Cap: HK$41.71B
Learn more about 6655 stock on TipRanks’ Stock Analysis page.