Zhaojin Mining to Vote on Share Repurchase Plan

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

Zhaojin Mining Industry Company Limited is set to hold its 2024 second Domestic Share class meeting on September 9, 2024, in Shandong, China, to vote on a special resolution. The resolution will empower the Board to repurchase up to 10% of its H Shares, with the option to cancel or hold these as Treasury Shares. The authorization for share repurchase will be effective from the date of the resolution’s passage at the meeting.

For further insights into HK:1818 stock, check out TipRanks’ Stock Analysis page.