Zijin Mining Group Co ( (HK:2899) ) just unveiled an announcement.
Zijin Mining Group Co., Ltd. has initiated its first repurchase of A Shares through centralized price bidding, as part of a plan approved in April 2025. The company has repurchased 32,029,700 A Shares, representing 0.12% of its total share capital, with a total expenditure of approximately RMB500 million. This strategic move, funded by self-owned resources, aims to support employee stock ownership schemes or share incentives, potentially enhancing shareholder value and aligning employee interests with company performance.
More about Zijin Mining Group Co
Zijin Mining Group Co., Ltd. is a leading company in the mining industry, primarily engaged in the exploration and mining of gold, copper, and other mineral resources. The company focuses on expanding its market presence and enhancing its operational efficiency in the global mining sector.
YTD Price Performance: -0.33%
Average Trading Volume: 77,171
Technical Sentiment Signal: Sell
Current Market Cap: $61.15B
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