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Zhuzhou CRRC Times Electric Co ( (HK:3898) ) has issued an announcement.
Zhuzhou CRRC Times Electric Co., Ltd. announced the cancellation of repurchased H Shares, following a series of buybacks from December 2024 to February 2025. The company repurchased 42,200,400 H Shares, representing approximately 2.9897% of its total issued share capital, using HK$1,285,539,568.97. This move reduces the total number of issued shares, potentially impacting shareholder value and market perception.
More about Zhuzhou CRRC Times Electric Co
YTD Price Performance: -0.99%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.2B
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