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Wanguo International Mining Group Proposes Share Subdivision and Board Lot Size Change

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Wanguo International Mining Group Proposes Share Subdivision and Board Lot Size Change

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The latest announcement is out from Wanguo International Mining Group Ltd. ( (HK:3939) ).

Wanguo International Mining Group Ltd. has announced a proposed share subdivision and a change in board lot size. The company plans to subdivide each existing issued and unissued share into four subdivided shares, which will result in an increase in the number of shares but not affect shareholders’ rights. Additionally, the board lot size for trading on the stock exchange will be reduced from 2,000 shares to 500 shares. These changes are subject to shareholder approval and other conditions, and shareholders are advised to exercise caution.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$36.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

More about Wanguo International Mining Group Ltd.

Average Trading Volume: 8,221,056

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.99B

For an in-depth examination of 3939 stock, go to TipRanks’ Overview page.

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