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The latest announcement is out from Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ).
Jiangxi Rimag Group Co., Ltd. has announced its intention to repurchase up to HK$100 million worth of its H shares on the open market, under a general mandate approved by shareholders. This move, funded by the company’s internal resources, is aimed at demonstrating confidence in its business outlook and benefiting shareholders, though the timing and specifics of the repurchase remain at the board’s discretion.
The most recent analyst rating on (HK:2522) stock is a Buy with a HK$21.41 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
More about Jiangxi Rimag Group Co., Ltd. Class H
Average Trading Volume: 4,100,329
Technical Sentiment Signal: Strong Sell
For a thorough assessment of 2522 stock, go to TipRanks’ Stock Analysis page.