Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) is now available.
Jiangxi Rimag Group Co., Ltd. has announced its intention to further repurchase H shares on the open market, with a potential value of up to HK$200 million, under a general mandate approved by its shareholders. This move is seen as a demonstration of the company’s confidence in its business prospects and is expected to benefit both the company and its shareholders. The repurchase will be conducted in compliance with relevant laws and regulations, and the repurchased shares may be canceled, held in treasury, or transferred as deemed appropriate by the board.
The most recent analyst rating on (HK:2522) stock is a Sell with a HK$14.00 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
More about Jiangxi Rimag Group Co., Ltd. Class H
Average Trading Volume: 9,521,282
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.22B
See more insights into 2522 stock on TipRanks’ Stock Analysis page.