China Shenhua Energy Announces H Share Repurchase Plan

China Shenhua Energy Co ( (HK:1088) ) has shared an announcement.

China Shenhua Energy Company Limited has announced a special resolution for the repurchase of its H shares, not exceeding 10% of the total issued H shares, during its upcoming 2025 first class meeting of H shareholders. This move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. The board of directors is authorized to implement the repurchase plan, which includes determining the timing, price, and number of shares to be repurchased, and making necessary regulatory filings and amendments to the company’s articles of association.

The most recent analyst rating on (HK:1088) stock is a Hold with a HK$28.00 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.

More about China Shenhua Energy Co

China Shenhua Energy Company Limited is a leading energy company in China, primarily engaged in coal production, power generation, railway, port, and shipping operations. The company is a major player in the energy sector, focusing on both domestic and international markets.

Average Trading Volume: 26,236,330

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$809.4B

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