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The latest update is out from Xiabuxiabu Catering Management (China) Holdings Co., Ltd. ( (HK:0520) ).
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. reported that all resolutions at its 18 May 2026 annual general meeting were approved by shareholders via poll, with the full board present and one independent director attending electronically. Shareholders endorsed the 2025 financial statements, re-elected key board members, and renewed the mandate for Deloitte Touche Tohmatsu as auditor.
Investors also granted the board mandates to repurchase up to 10% of issued shares, issue up to 20% additional shares, and extend that issuance capacity by the amount of shares repurchased. In a move that may affect capital returns policy, shareholders authorized the board to declare and pay an interim dividend for the first half of 2026 from the share premium account, capped at 40% of distributable profits, providing management with added flexibility in balancing growth funding and shareholder payouts.
More about Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is a Hong Kong-listed catering group focused on the Chinese market. The company operates restaurant brands in the casual dining and hotpot segment, serving mass-market consumers through a network of outlets across China.
Average Trading Volume: 1,349,649
Technical Sentiment Signal: Sell
Current Market Cap: HK$438.2M
For an in-depth examination of 0520 stock, go to TipRanks’ Overview page.