tiprankstipranks
Trending News
More News >

Zoomlion to Consider H Share Buyback Strategy

Zoomlion to Consider H Share Buyback Strategy

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

Confident Investing Starts Here:

Zoomlion Heavy Industry Science & Technology Co. is set to discuss a mandate allowing the repurchase of up to 10% of its H shares at a price below 105% of the average closing price. This move, set to be decided in a meeting on November 11, 2024, could impact the company’s stock value and shareholder dynamics. Investors will be keen to see how this buyback strategy might influence Zoomlion’s market position.

For further insights into HK:1157 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App