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The latest announcement is out from Lingbao Gold Group Company Ltd. Class H ( (HK:3330) ).
Lingbao Gold Group Company Ltd. has announced an extraordinary general meeting to be held on September 17, 2025, to discuss and approve a profit distribution plan for the first half of 2025 and a special resolution to grant the Board of Directors a mandate to repurchase H Shares. The repurchase plan allows the Board to buy back up to 10% of the company’s H Shares, utilizing internal resources and self-raised funds, with flexibility to adjust the plan based on market conditions and regulatory changes. This move could potentially impact the company’s capital structure and market positioning, providing flexibility in managing its share capital and potentially enhancing shareholder value.
The most recent analyst rating on (HK:3330) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Lingbao Gold Group Company Ltd. Class H stock, see the HK:3330 Stock Forecast page.
More about Lingbao Gold Group Company Ltd. Class H
Lingbao Gold Group Company Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the gold industry, focusing on the production and distribution of gold and related products.
YTD Price Performance: 391.51%
Average Trading Volume: 10,653,953
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.26B
See more insights into 3330 stock on TipRanks’ Stock Analysis page.