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Qingdao AInnovation Technology Group Co. Ltd Class H ( (HK:2121) ) has issued an announcement.
Qingdao AInnovation Technology Group Co., Ltd, a company incorporated in the People’s Republic of China, has announced its intention to conduct share repurchases in the market. The company plans to repurchase shares up to a maximum amount of RMB100 million using its own funds, with the repurchased shares either being canceled or held as treasury shares. This move is seen as a demonstration of the company’s confidence in its business outlook and is expected to create value for shareholders. The share repurchase will be conducted in compliance with relevant laws and regulations, and the company’s financial resources are deemed sufficient to support this initiative while maintaining a healthy financial position.
More about Qingdao AInnovation Technology Group Co. Ltd Class H
Average Trading Volume: 8,286,233
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.35B
For a thorough assessment of 2121 stock, go to TipRanks’ Stock Analysis page.