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Johnson Electric Shareholders Approve Resolutions

Johnson Electric Shareholders Approve Resolutions

Johnson Electric Holdings (HK:0179) has released an update.

Confident Investing Starts Here:

At Johnson Electric Holdings’ Annual General Meeting on July 12, 2024, shareholders approved all proposed resolutions including the adoption of financial statements, declaration of a final dividend, and re-election of directors. Additionally, Joseph Yam retired as an Independent Non-Executive Director, and the company acknowledged his contributions during his tenure. The company also received a mandate to issue and buy back shares, with over 78% approval for the issuance of new shares and similar support for share buybacks.

For further insights into HK:0179 stock, check out TipRanks’ Stock Analysis page.

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