Zoomlion Announces H Shares Buyback Plan

Zoomlion Heavy Industry Science & Technology Co (HK:1157) has released an update.

Zoomlion Heavy Industry Science & Technology Co. has been authorized to repurchase up to 10% of its H Shares, aiming to enhance shareholder value by reducing its registered capital. The repurchase will be conducted at a price below 105% of the average closing price over the previous five trading days. Creditors are invited to assert their claims within 45 days, ensuring their rights remain intact during this capital adjustment.

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