Great Wall Motor Co (HK:2333) has released an update.
Great Wall Motor Company Limited has announced changes in its share capital, including the repurchase and cancellation of Restricted A shares and the issuance of new A Shares following the conversion of A Share Convertible Bonds. The issue price per share was set at a significant premium over the market price. These financial maneuvers come as part of the company’s strategy to manage its capital structure and offer insights into its ongoing market activities.
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