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An update from Tianqi Lithium Corp. Class H ( (HK:9696) ) is now available.
Tianqi Lithium Corporation announced a change in the intended use and cancellation of 26,600 repurchased A Shares, initially designated for the A Share Restricted Share Incentive Scheme. This decision, made to optimize the company’s capital structure and safeguard shareholder interests, involves reducing the company’s registered capital. The cancellation will not materially impact the company’s finances, operations, or control, and it will maintain its compliance with listing requirements.
The most recent analyst rating on (HK:9696) stock is a Hold with a HK$37.00 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.
More about Tianqi Lithium Corp. Class H
Tianqi Lithium Corporation is a leading company in the lithium industry, primarily focused on the production and supply of lithium compounds and derivatives. The company plays a significant role in the global market for lithium products, which are essential for various applications, including electric vehicle batteries and energy storage solutions.
Average Trading Volume: 5,816,118
Technical Sentiment Signal: Buy
Current Market Cap: HK$75.51B
For a thorough assessment of 9696 stock, go to TipRanks’ Stock Analysis page.