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Logory Logistics Proposes Share Repurchase and Governance Amendments

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Logory Logistics Proposes Share Repurchase and Governance Amendments

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Logory Logistics Technology Co. Ltd. Class H ( (HK:2482) ) has issued an announcement.

Logory Logistics Technology Co., Ltd. has announced a class meeting for its H Shareholders to discuss and potentially approve a resolution granting the Board a mandate to repurchase up to 10% of H Shares. This move is intended to align with market conditions and the company’s needs, potentially impacting its capital structure and shareholder value. Additionally, proposed amendments to the Articles of Association will be considered, which may affect the company’s governance framework.

More about Logory Logistics Technology Co. Ltd. Class H

Logory Logistics Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the logistics technology sector. The company focuses on providing logistics solutions and services, with a market presence in China.

YTD Price Performance: 106.41%

Average Trading Volume: 15,450

Technical Sentiment Signal: Strong Sell

Find detailed analytics on 2482 stock on TipRanks’ Stock Analysis page.

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