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Jiangsu Guofu Hydrogen Energy to Repurchase 10% of H Shares

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Jiangsu Guofu Hydrogen Energy to Repurchase 10% of H Shares

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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has issued an announcement.

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has announced a plan to repurchase up to 10% of its H shares, equivalent to 7,948,771 shares, on the Hong Kong Stock Exchange. This move, funded by the company’s self-owned resources, is intended to demonstrate confidence in its business prospects and protect shareholder interests, reflecting a strategic effort to enhance company value.

The most recent analyst rating on (HK:2582) stock is a Hold with a HK$43.00 price target. To see the full list of analyst forecasts on Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H stock, see the HK:2582 Stock Forecast page.

More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. is a company based in the People’s Republic of China that specializes in hydrogen energy equipment. The company focuses on the development and production of hydrogen energy solutions, catering to the growing demand for sustainable energy sources.

Average Trading Volume: 2,717,254

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$4.1B

See more data about 2582 stock on TipRanks’ Stock Analysis page.

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