The latest announcement is out from Harbin Electric Co. Ltd. Class H ( (HK:1133) ).
Harbin Electric Co. Ltd. has announced a meeting for its H Shares Class to authorize the Board to repurchase up to 10% of its issued H shares. This move, if approved, will allow the company to amend its Articles of Association to reflect changes in its share capital structure, potentially impacting its market positioning and shareholder value.
More about Harbin Electric Co. Ltd. Class H
Harbin Electric Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the electric industry. The company is primarily focused on the production and distribution of electric power equipment and related services.
YTD Price Performance: 52.67%
Average Trading Volume: 685
Technical Sentiment Signal: Sell
Current Market Cap: €1.07B
Learn more about 1133 stock on TipRanks’ Stock Analysis page.