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Tsingtao Brewery Co ( (HK:0168) ) has issued an update.
Tsingtao Brewery Co announced the repurchase and cancellation of 1,667 Restricted A Shares due to the resignation of a participant in their Incentive Plan. This action, approved by the board, reflects a minor adjustment in the company’s shareholding structure, with the repurchase price adjusted to RMB13.33 per share, ensuring alignment with market conditions and previous dividend distributions.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$57.00 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
More about Tsingtao Brewery Co
Tsingtao Brewery Co is a prominent player in the brewing industry, known for its production of beer. The company operates primarily in the People’s Republic of China and focuses on producing a variety of beer products for both domestic and international markets.
Average Trading Volume: 3,785,372
Technical Sentiment Signal: Hold
Current Market Cap: HK$86.84B
For an in-depth examination of 0168 stock, go to TipRanks’ Overview page.