PetroChina Company ( (HK:0857) ) has shared an update.
PetroChina Company Limited has announced the convening of its 2025 first H Shareholders’ Class Meeting, scheduled for June 5, 2025, in Beijing. The meeting will focus on a special resolution to grant the Board a general mandate for repurchasing company shares, a move that could impact the company’s share value and investor relations. This decision reflects PetroChina’s strategic approach to managing its equity structure and enhancing shareholder value.
More about PetroChina Company
PetroChina Company Limited is a major player in the oil and gas industry, primarily involved in the exploration, development, production, and sale of oil and natural gas. It operates within the People’s Republic of China and is a significant entity in the energy sector, contributing to the country’s energy supply and market dynamics.
YTD Price Performance: -9.74%
Average Trading Volume: 92,003
Technical Sentiment Signal: Buy
Current Market Cap: $185.5B
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