Zhaojin Mining to Consider H Share Repurchase Plan

Zhaojin Mining Industry Co (HK:1818) has released an update.

Zhaojin Mining Industry Co. has announced a second H Share class meeting to be held on September 9, 2024, to discuss a special resolution for updating the general mandate to repurchase H Shares. The proposal outlines the conditions under which the company can repurchase up to 10% of its issued H Shares and details the authorization given to the Board to execute the plan, including potential cancellation or holding of repurchased shares as Treasury Shares.

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