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GF Securities Reduces Registered Capital Post A Share Cancellation

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GF Securities Co ( (HK:1776) ) has issued an update.

GF Securities Co., Ltd. announced a reduction in its registered capital following the cancellation of 15,242,153 repurchased A Shares, as approved in its recent general meeting. This strategic move, which aligns with the company’s capital management objectives, has led to an amendment in the Articles of Association and a slight decrease in the total number of shares, reflecting the company’s ongoing efforts to optimize its capital structure.

More about GF Securities Co

GF Securities Co., Ltd. is a financial services company based in the People’s Republic of China, primarily engaged in securities trading, investment banking, and asset management. It operates in the financial industry, focusing on providing comprehensive financial services to both domestic and international clients.

Average Trading Volume: 7,388,987

Current Market Cap: HK$115.9B

For detailed information about 1776 stock, go to TipRanks’ Stock Analysis page.

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