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The latest update is out from Weichai Power Co ( (HK:2338) ).
Weichai Power has completed its A-share repurchase plan via centralized price bidding, buying back 50,252,475 shares between June and September 2025, equal to about 0.58% of its total share capital. The company paid roughly RMB761.5 million, within the preapproved funding range, and plans to cancel the repurchased shares to reduce registered capital.
Management stated that the repurchase was executed strictly in line with the board and shareholder-approved plan and complied with Shenzhen Stock Exchange rules on buybacks. The company said the move will not affect its control structure, listing status or operational and financial stability, and no directors, senior executives or controlling shareholders traded the stock during the repurchase window.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$56.00 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 Chinese manufacturer in the heavy machinery and powertrain sector, best known for producing diesel engines, commercial vehicle power systems and related industrial equipment. The company is listed in Hong Kong and Shenzhen, and targets both domestic and international markets in transportation, construction and industrial applications.
Average Trading Volume: 22,627,461
Technical Sentiment Signal: Buy
Current Market Cap: HK$351.5B
For a thorough assessment of 2338 stock, go to TipRanks’ Stock Analysis page.