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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has provided an announcement.
Shanghai REFIRE Group Ltd. announced a voluntary H Shares Repurchase Program, reflecting the board’s confidence in the company’s long-term growth and industry prospects. The program aims to optimize the company’s capital structure and improve shareholder value, with a maximum fund allocation of HK$80 million and compliance with relevant regulations.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$209.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. operates in the energy sector, focusing on hydrogen fuel cell technology. The company is known for its development and production of hydrogen fuel cell systems, which are instrumental in advancing clean energy solutions and reducing carbon emissions.
Average Trading Volume: 87,720
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.84B
Find detailed analytics on 2570 stock on TipRanks’ Stock Analysis page.