Weichai Power Co (HK:2338) has released an update.
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Weichai Power Co., Ltd. announced plans to adjust the repurchase price and cancel certain restricted shares under its incentive scheme, which will result in a change of the company’s registered capital. The adjustments, funded by internal resources, aim to streamline operations following changes in shareholder circumstances. These proposals are subject to approval at the upcoming extraordinary general meeting.
For further insights into HK:2338 stock, check out TipRanks’ Stock Analysis page.