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Weichai Power Co ( (HK:2338) ) just unveiled an announcement.
Weichai Power Co., Ltd. announced that it will hold a class meeting for holders of A shares on February 10, 2025, following an extraordinary general meeting. The agenda includes approving the repurchase and cancellation of restricted shares and shares held in a designated account, along with authorizing the board to manage these actions under the company’s Incentive Scheme. These resolutions may impact the company’s share structure and stakeholder value, aligning with strategic goals to optimize shareholder returns.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the high technology industrial development zone, focusing on manufacturing a variety of engines and powertrains, catering primarily to the automotive and transportation industry.
YTD Price Performance: 13.49%
Average Trading Volume: 6,602
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $16.82B
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