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The latest announcement is out from Weichai Power Co ( (HK:2338) ).
Weichai Power Co., Ltd. has announced the approval of a proposal to repurchase and cancel 1,270,000 restricted shares under its Restricted Share Incentive Scheme. This decision, approved by the Board on August 8, 2025, affects shares held by six incentive participants who have been subject to re-designation or other specified circumstances. The repurchase will be funded by the company’s internal resources, reflecting Weichai Power’s strategic management of its equity structure and commitment to aligning shareholder interests. The move is expected to impact the company’s financial structure and could influence its market positioning and stakeholder relations.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating primarily in the manufacturing sector. The company focuses on producing powertrain systems, including engines, transmissions, and axles, and is a key player in the automotive and equipment manufacturing industries.
Average Trading Volume: 8,767,728
Technical Sentiment Signal: Buy
Current Market Cap: HK$145.2B
For detailed information about 2338 stock, go to TipRanks’ Stock Analysis page.