tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Communications Construction Co. to Repurchase and Cancel Restricted Shares

Story Highlights
  • China Communications Construction Co. will repurchase and cancel 4,117,200 restricted shares.
  • The decision follows participant changes and performance issues under the 2022 Incentive Scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Communications Construction Co. to Repurchase and Cancel Restricted Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

China Communications Construction Co ( (HK:1800) ) just unveiled an update.

China Communications Construction Company Limited announced the repurchase and cancellation of 4,117,200 restricted shares under its 2022 Restricted Share Incentive Scheme. The decision was made due to various circumstances involving participants, such as organizational transfers, retirements, resignations, and performance-related issues. This move reflects the company’s adherence to its incentive scheme’s regulations and aims to maintain its operational integrity and performance standards.

More about China Communications Construction Co

China Communications Construction Company Limited is a major player in the construction and infrastructure industry, primarily engaged in the development and construction of transportation infrastructure, including roads, bridges, and ports. The company focuses on both domestic and international markets, providing comprehensive services in design, construction, and management of large-scale infrastructure projects.

Average Trading Volume: 13,006,234

Current Market Cap: HK$139.9B

See more data about 1800 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1